S&P Downgrades Fairway Group (FWM) to 'D' Amid Chapter 11 Filing
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Fairway Group (FWM) Files Chapter 11 Bankruptcy
May 3, 2016 8:53 AM EDTFairway Group Holdings Corp. (NASDAQ: FWM), the parent company of Fairway Market, the iconic New York food retailer that offers customers a differentiated one-stop shopping experience Like No Other Market, today announced that the Company has reached an agreement with its senior secured lenders holding more than 70% of the Companys senior secured debt on the terms of a reorganization that will eliminate approximately $140 million of senior secured debt and provide financing to restructure the Companys balance sheet.
To implement the agreed upon restructuring, Fairway Group Holdings Corp and certain of its subsidiaries (Fairway)... More
