Oriental Trading Company Files for Chapter 11 Bankruptcy Protection
Bloombergreports that the Oriental Trading Company has filed for Chapter 11 bankruptcy protectin. The Oriental Trading Company sells party supplies, home decor and novelty products online and through catalogs.
The company has total liabilities of $756.6 million. Bloomberg reports that Oriental Trading claims a "substantial majority" of first-lien lenders are in agreement with the proposed plan. The Carlyle Group owns a 68 percent stake in Oriental Trading Co.
Bloomberg 
