Remington Firearms' Path Runs Through a No-Cash, 1.5% Share Swap With Powell Max

Capital, not demand, is the constraint the filing leaves exposed. The only financing it describes is a planned refinancing of the LaGrange plant leasehold by a lender identified only as an affiliate of a PMAX Class C holder, a counterparty whose operating business is Hong Kong financial printing, with no loan amount disclosed. A plant that faced a foreclosure sale notice in June now depends on a new first-priority mortgage, and until that loan is on paper, the restart runs on promises.