Gibson drops to "Junk" rating now @ 520 million in debt

Mesa/Kramer · Post by **Mesa/Kramer** » Fri Aug 25, 2017 1:17 am

Not looking too good :idk:

Fender also

Another article I read also listed PRS at being 45 million in debt

https://www.thestreet.com/story/1428061 ... -debt.html

skybluegary · Post by **skybluegary** » Fri Aug 25, 2017 8:52 am

Tbh, that's how I rate them :dance:

I'll get my coat.

TurboPablo · Post by **TurboPablo** » Fri Aug 25, 2017 8:57 am

Don't worry, Henry J. knows exactly what he's doing.

Ry Manchu · Post by **Ry Manchu** » Fri Aug 25, 2017 9:25 am

I hope PRS sees a market correction for their outrageous prices. A $3800 PRS should be built by a luthier and at $5000 a master luthier. That is what they charge for stock built on the production line by Joe who never went to luthier school or did an undertsudy beyond a few days and only started working there a few weeks ago.

Noah · Post by **Noah** » Fri Aug 25, 2017 10:43 am

Ugh that sucks. I thought the conomy was picking up.

Ostinato Rubato · Post by **Ostinato Rubato** » Fri Aug 25, 2017 12:37 pm

I will jump all over a fire sale Gibson. I only need one. :wave:

Guitar Gear Forum

Gibson drops to "Junk" rating now @ 520 million in debt

Gibson drops to "Junk" rating now @ 520 million in debt

Re: Gibson drops to "Junk" rating now @ 520 million in debt

Re: Gibson drops to "Junk" rating now @ 520 million in debt

Re: Gibson drops to "Junk" rating now @ 520 million in debt

Re: Gibson drops to "Junk" rating now @ 520 million in debt

Re: Gibson drops to "Junk" rating now @ 520 million in debt