- American Apparel’s (APP) second-largest shareholder, FiveT Capital, has sold about 16.5M shares in the company, reducing its stake from 12.5% to 3.2%.
- Johannes Minho Roth, founding partner of FiveT Capital, stated his concerns of the company's ability to pay bondholders (who hold about $210M of company debt), following the the ousting of CEO Dov Charney.
- Lion Capital, a long-term lender of American Apparel, has already called in a $10M loan which is due today.
From other sites
Video at CNBC.com (May 13, 2015)
Video at CNBC.com (Feb 5, 2015)
at CNBC.com (Dec 30, 2014)
at CNBC.com (Dec 26, 2014)
at CNBC.com (Dec 22, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs