Carlyle Sells Debt of Roomba Maker as Bankruptcy Risks Loom

Carlyle Sells Debt of Roomba Maker as Bankruptcy Risks Loom

Carlyle Group Inc. sold a troubled loan it provided to iRobot Corp. less than three years ago as the maker of Roomba vacuum cleaners is trying to stave off a potential bankruptcy filing.

iRobot debt acquired by contract manufacturer as bankruptcy looms

The Roomba Plus 405 Combo robot + AutoWash dock is 50% off for Cyber Week. Source: iRobot The fortunes of one of the few household names in robotics have continued to sink. In a filing with the U.S. Securities and Exchange Commission last week, iRobot Corp. said that a Chinese company has acquired its debt and that it is still looking for alternatives to bankruptcy. Santrum Hong Kong Co., a subsidiary of Shenzhen, China-based Picea Robotics Co.,…