PRTY Party City Holdco

"Additionally, we may seek to take advantage of market opportunities to refinance our existing debt instruments with new debt instruments at interest rates, maturities and terms we deem attractive."

distress relevance: 0.67 market specificity: 0.32 score: 0.350 mda

anchor: we may be unable to refinance our existing debt

"Loss on disposal of assets in international operations In January 2021, the Company closed the previously disclosed sale of a substantial portion of its international operations."

distress relevance: 0.58 market specificity: 0.42 score: 0.344 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Lastly, we strengthened our financial position and liquidity by refinancing our term loan at the beginning of the year."

distress relevance: 0.60 market specificity: 0.38 score: 0.342 mda

anchor: we may be unable to refinance our existing debt

"As noted, the Company must make payments related to interest payments, principal and fees and the facilities contain debt covenants that the must be met."

distress relevance: 0.61 market specificity: 0.37 score: 0.338 mda

anchor: our debt covenants restrict our ability to operate

"We may also, from time to time, in our sole discretion, purchase or retire all or a portion of our existing debt instruments through privately negotiated or open market transactions."

distress relevance: 0.58 market specificity: 0.36 score: 0.318 mda

anchor: our debt covenants restrict our ability to operate

"Our ability to comply with this covenant can be affected by events beyond our control and we may not be able to satisfy them."

distress relevance: 0.63 market specificity: 0.45 score: 0.384 risk_factors

anchor: our debt covenants restrict our ability to operate

"We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful."

distress relevance: 0.66 market specificity: 0.35 score: 0.361 risk_factors

anchor: we may not have sufficient liquidity to meet our obligations

"During the temporary store closures, we offered curbside pickup and our e-commerce site, www.partycity.com, remained fully operational."

distress relevance: 0.50 market specificity: 0.61 score: 0.360 risk_factors

anchor: we have discontinued certain business lines

"Any refinancing of our debt could be at higher interest rates and may require us to comply with more onerous covenants, which could further restrict our business operations."

distress relevance: 0.79 market specificity: 0.22 score: 0.355 risk_factors

anchor: we may be unable to refinance our existing debt

"Restrictions under our existing and future indebtedness may prevent us from taking actions that we believe would be in the best interest of our business."

distress relevance: 0.66 market specificity: 0.34 score: 0.353 risk_factors

anchor: our debt covenants restrict our ability to operate

"Moreover, adequate internal controls are necessary for us to produce reliable financial reports and are important to help prevent fraud."

distress relevance: 0.69 market specificity: 0.34 score: 0.376 risk_factors

anchor: our internal controls over financial reporting are not effective

"The terms of existing or future debt instruments may restrict us from adopting some of these alternatives."

distress relevance: 0.64 market specificity: 0.39 score: 0.366 risk_factors

anchor: our debt covenants restrict our ability to operate

"Restrictions under our existing and future indebtedness may prevent us from taking actions that we believe would be in the best interest of our business."

distress relevance: 0.66 market specificity: 0.36 score: 0.364 risk_factors

anchor: our debt covenants restrict our ability to operate

"We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful."

distress relevance: 0.66 market specificity: 0.35 score: 0.361 risk_factors

anchor: we may not have sufficient liquidity to meet our obligations

"However, if we are unable to generate sufficient cash from operations or if borrowings available under the credit facilities are insufficient, we may be required to adopt one or more alternatives to raise cash, such as incurring additional indebtedness, selling our assets, seeking to raise additional equity capital or restructuring, which alternatives may not be available to us on satisfactory ter"

distress relevance: 0.63 market specificity: 0.38 score: 0.358 risk_factors

anchor: we may need to raise additional capital to fund operations

"Additionally, as part of the refinancing, the Company extended the maturity of the ABL Facility to August 2023 (subject to a springing maturity at an earlier date if the maturity date of certain of our other debt has not The ABL Facility provides for (a) a $500.0 million revolving facility (with a $100.0 million seasonal facility increase during a certain period of each calendar year)(the “Revolvi"

distress relevance: 0.53 market specificity: 0.47 score: 0.335 mda

anchor: we may be unable to refinance our existing debt

"To the extent that investors in the Term Loan Credit Agreement participated in the new notes, the Company assessed whether the refinancing should be accounted for as an extinguishment on a creditor-by-creditor basis and wrote-off $1.0 million of existing deferred financing costs and original issuance discounts."

distress relevance: 0.56 market specificity: 0.41 score: 0.329 mda

anchor: we may be unable to refinance our existing debt

"To the extent that investors in the Term Loan Credit Agreement participated in the new notes, the Company assessed whether the refinancing should be accounted for as an extinguishment on a creditor-by-creditor basis and wrote-off $1.0 million of existing deferred financing costs and original issuance discounts."

distress relevance: 0.56 market specificity: 0.41 score: 0.329 mda

anchor: we may be unable to refinance our existing debt

"Based on our current level of operations, we believe that these sources will be adequate to meet our liquidity needs for at least the next 12 months."

distress relevance: 0.60 market specificity: 0.35 score: 0.327 mda

anchor: our available liquidity may be insufficient

"See “Risk Factors— We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful Cash Flow Data – Year Ended December 31, 2018 Compared to Year Net cash provided by operating activities totaled $101.9 million during 2018."

distress relevance: 0.58 market specificity: 0.36 score: 0.322 mda

anchor: we are experiencing significant cash outflows

"Based on our current level of operations, we believe that these sources will be adequate to meet our liquidity needs for at least the next 12 months."

distress relevance: 0.60 market specificity: 0.55 score: 0.409 mda

anchor: our available liquidity may be insufficient

"See “Risk Factors— We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful Cash Flow Data—Year Ended December 31, 2017 Compared to Year Net cash provided by operating activities totaled $267.9 million and $257.8 million during 2017 and 2016, respectively."

distress relevance: 0.58 market specificity: 0.54 score: 0.392 mda

anchor: we are experiencing significant cash outflows

"from operating activities and availability under our credit agreements will be our principal sources of liquidity."

distress relevance: 0.61 market specificity: 0.48 score: 0.389 mda

anchor: we may not have sufficient liquidity to meet our obligations

"The term loans are subject to mandatory prepayment, subject to certain exceptions, with (i) 100% of net proceeds above a threshold amount of certain asset sales/insurance proceeds, subject to reinvestment rights and certain other exceptions, (ii) 100% of the net cash proceeds of any incurrence of debt other than debt permitted under the Term Loan Credit Agreement, (iii) 50% of Excess Cash Flow, as"

distress relevance: 0.57 market specificity: 0.54 score: 0.386 mda

anchor: maturity of debt obligations may require significant cash

"Cash Flow Data—Year Ended December 31, 2016 Compared to Year Ended December 31, 2015 Net cash provided by operating activities totaled $257.8 million during 2016."

distress relevance: 0.55 market specificity: 0.56 score: 0.381 mda

anchor: we are experiencing significant cash outflows

"Based on our current level of operations, we believe that these sources will be adequate to meet our liquidity needs for at least the next 12 months."

distress relevance: 0.60 market specificity: 1.00 score: 0.597 mda

anchor: our available liquidity may be insufficient

"The term loans are subject to mandatory prepayment, subject to certain exceptions, with (i) 100% of net proceeds above a threshold amount of certain asset sales/insurance proceeds, subject to reinvestment rights and certain other exceptions, (ii) 100% of the net cash proceeds of any incurrence of debt other than debt permitted under the Term Loan Credit Agreement, (iii) 50% of Excess Cash Flow, as"

distress relevance: 0.57 market specificity: 1.00 score: 0.571 mda

anchor: maturity of debt obligations may require significant cash

"See “Risk Factors— able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful Cash Flow Data—Year Ended December 31, 2016 Compared to Year Ended December 31, 2015 Net cash provided by operating activities totaled $257.8 million during 2016."

distress relevance: 0.57 market specificity: 1.00 score: 0.569 mda

anchor: we are experiencing significant cash outflows

"We expect that cash generated from operating activities and availability under our credit agreements will be our principal sources of liquidity."

distress relevance: 0.56 market specificity: 1.00 score: 0.565 mda

anchor: we may not have sufficient liquidity to meet our obligations

"Dollar decreases such amounts in our consolidated statement of income and comprehensive income (loss)."

distress relevance: 0.55 market specificity: 1.00 score: 0.547 mda

anchor: our deposits have declined significantly