KMD Brands May Recapitalize
The Rip Curl, Kathmandu, and Oboz parent confirmed that it is exploring a recapitalization with Goldman Sachs to refinance its long-term debt facilities, but said no decision has been made to pursue any initiatives, and no terms have been finalized. KMD’s stock fell 13% on the New Zealand stock exchange on the news, and down 11% ... Log in to view full article.