ATD Emerges From Chapter 11 Bankruptcy
American Tire Distributors, Inc. completed its financial recapitalization and emerged from Chapter 11 bankruptcy.
ATD Reorganization Plan Approved
American Tire Distributors, Inc. (ATD) announced that the United States Bankruptcy Court for the District of Delaware has confirmed the company’s plan of reorganization.
ATD Seeks Court Approval for Reorganization Plan, Receives Support from Stakeholders
American Tire Distributors, Inc.’s plan for Chapter 11 reorganization will go before the court for approval this week, and has already gained near-unanimous acceptance by voting stakeholders, the company said.
ATD Celebrates Grand Opening of Poconos Mixing Warehouse
Forging an important link to its national tire distribution supply chain, American Tire Distributors (ATD) celebrated the grand opening of its Poconos Mixing Warehouse Nov. 7, positioned near Interstate 80 in Blakeslee, Pennsylvania.
ATD Names ‘Critical Vendors’ in Chapter 11 Filing
With more than $600 million in debt to its top vendors, American Tire Distributors (ATD) and its subsidiaries have been granted interim permission by the court to allow them to pay back some of that debt to “critical vendors” during its Chapter 11 restructuring.
What is An ATD ‘Critical Vendor’ and What Does it Mean to You?
If you’re a Tire Pros dealer or part of the ATD network, we’ve answered a few common questions you could be asking about how ATD’s critical vendor filing may affect your business.
Top 30 Creditors ATD Owes
American Tire Distribitors’ top 30 creditors, many of which are tire manufacturers, are combined owed over $600 million from the nation’s largest tire distributor.
Moody’s Downgrades ATD’s Probability of Default Rating
Moody’s Investors Service downgraded ATD’s Probability of Default Rating (PDR) following the company’s announcement that it had initiated Chapter 11 bankruptcy proceedings.
Tire Pros Dealers Remain Positive About ATD Recapitalization
With American Tire Distributors filing for Chapter 11 bankruptcy this week, Tire Pros dealers have remained optimistic about their parent company’s recapitalization approach.
ATD’s TireBuyer Unveils Fresh Look, New Features
TireBuyer—an online tire retailer and a subsidiary of American Tire Distributors (ATD)—has unveiled a new brand identity complementing recent developments to further enhance customers’ online shopping experience.
Moody’s Downgrades ATD Probability of Default Rating After Debt Plan Announcement
Moody’s downgraded ATD’s probability of default rating and other ratings for senior subordinated notes after it announced a plan for a debt-for-equity exchange that it will offer bondholders.
What Does the Future Hold for Tire Wholesale Distribution? | Schuette
Leading companies in the tire industry are forcing adaptations in a new era of creativity and risk.
