If you’re a fan of Gibson guitars, some news surfaced recently that is definitely concerning.

Per Nashville Post, the iconic guitar brand has “just six months before $375 million of senior secured notes will mature. On top of that, another $145 million in bank loans will come due immediately if those notes, issued in 2013, are not refinanced by July 23.”

Nashville Post also notes that “an orderly refinancing…looks slim,” with Debtwire reporter Reshmi Basu commenting, “At the end of the day, someone will take control of this company – be it the debtors or the bondholders.”

Long story short, this could result in bankruptcy.

Considering the long history of Gibson guitars in rock and roll, we sincerely hope they get their financials together.  No one wants to see anything negative happen to them, especially the guitar greats that have been paramount to the brand.


Erica Banas is a rock/classic rock blogger that loves the smell of old vinyl in the morning.

Erica Banas is a rock/classic rock news blogger who's well-versed in etiquette and extraordinarily nice. #TransRightsAreHumanRights

Sign me up for the 102.9 WMGK At Work Network email newsletter!

Join WMGK's At Work Network and get the latest rock news, exclusive presales, contests and more straight to you inbox.

By clicking "Subscribe" I agree to the website's terms of Service and Privacy Policy. I understand I can unsubscribe at any time.