Quiksilver has filed something called an 8K (?!) in the US which outlines their debt plans. As a reminder to those that haven’t heard, Quik has had a few debt troubles and about US$75 million was due to be paid this month. With banks not being all that keen to lend right now, it looked as though the sales of assets, or the whole company, was going to be the only way to cover the loans. However, a consortium of banks in Europe have granted an additional three months for Quik to get a restructure happening, a sale of assets or to find another lender to help them out. Jeff Harbaugh over at Transworld Business believes that a three month extention means “We know that this group of banks at least did not find the Rossignol sale adequate to allay their concerns about Quik. We know the group is not prepared to restructure the existing debt (that is, push out the maturity on the debt) without knowing how they are going to either be paid off or have a capital structure with which they are more comfortable.” You can check the full story over at Transworld here.