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American Crafts, LLC: Company Assets Sold

Summary by BDC Credit Reporter
Ouch! A BDC sought to turn around a distressed portfolio company; took control; added new capital but failed anyway for a 100% loss.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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BDC Credit ReporterBDC Credit Reporter

American Crafts, LLC: Company Assets Sold

Ouch! A BDC sought to turn around a distressed portfolio company; took control; added new capital but failed anyway for a 100% loss.

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BDC Credit Reporter broke the news in on Tuesday, May 27, 2025.
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