Avon Could File For Bankruptcy
Summary Cash flow from operations was a negative $165 million in the first quarter. Avon has over $2.1 billion in long-term debt, and negative shareholders’ equity. Covenants on the revolver…
Summary Cash flow from operations was a negative $165 million in the first quarter. Avon has over $2.1 billion in long-term debt, and negative shareholders’ equity. Covenants on the revolver…