There's an interesting write-up in the Wall Street Journal about Fender ..... worth the read ... interesting, Nearly 16% of Fender's net sales are made through Guitar Center, another Weston Presidio-held company. That concentrates some of Fender's accounts receivable credit risk with a company with a poor credit rating; Moody's Investors Service has Guitar Center rated at Caa2, defined as "poor standing and subject to very high credit risk."
Here's the link : Guitar Maker Fender Files for IPO - WSJ.com
Here's the link : Guitar Maker Fender Files for IPO - WSJ.com
