From what I can tell, Remington's term debt is $950 million and lord only knows what their soft liabilities are. Based on what little financial information I can find regarding the company. Remington Outdoor Company is an LLC and was owned by Cerberus Capital Management.
Remington owns the following brands:
Remington
Marlin
DPMS
Bushmaster
Barnes
Nesika
Storm Lake
Dakota Arms
Tapco
Timbersmith
H&R
Advanced Armament
Parker Gun
I think some of these purchases have been disasters from the little I can find. The degradation of quality in the brands they have purchased is well documented as well as their own Remington brand. In particular Bushmaster, Marlin, and Remington arms. I believe they have tried to compete and brake into the lower-end firearm market with enormous investments, mostly debt financed. Plus, as a company grows that large, overhead grows with it and the volume of sales necessary to sustain them is much higher than it would be if all those companies remained independent.
Also, in a down market, with all of your products in the same industry, a downturn increases your exposure dramatically....and being investor owned there is a lot less flexibility to handle financial challenges. Investor owned also means a strong push for growth and increased profits at the expense of just about any other factor.
So, what will likely happen is that many of the brands now owned by Remington will be sold to pay off the debt, Ceberus will lose control of the company and it will be sold to new ownership, and hopefully Remington can get back to making decent shot guns and bolt action rifles.
As has been mentioned already, Savage and Ruger had to go through similar situations in the past and came out much better companies. For a while, Savage slimmed down and made only the 110 action after being sold.