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Top Global Trade Review (GTR) News

First Brands Files for Bankruptcy After Weeks of Lender Scrutiny

First Brands Files for Bankruptcy After Weeks of Lender Scrutiny

56% Left coverage: 9 sources

The move follows bankruptcy filings by affiliated entities First Brands had used to raise money See the Story

First Brands files for U.S. bankruptcy protection

First Brands files for U.S. bankruptcy protection

Coverage: 2 sources

First Brands Group, the U.S.-based parent company of several major automotive aftermarket brands, has filed for Chapter 11 bankruptcy protection as it contends with billions of dollars in debt amassed through a flurry of acquisitions. The move affects its U.S. business, with international operations said to continue uninterrupted. The Rochester Hills, Michigan-based supplier, which owns well-known names like Fram, Raybestos and Trico, filed its …See the Story

First Brands Probes Billions of Off-Balance Sheet Financing

First Brands Probes Billions of Off-Balance Sheet Financing

Coverage: 2 sources

The financing fueled investor concerns before the auto parts supplier fell into bankruptcy.See the Story

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