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Sciens Capital is a private equity general partner firm with offices in
United Kingdom and
Gun maker Colt Defense has emerged from bankruptcy after concluding a financial restructuring in which it reduced its debt by about $200m.
Gun maker Colt Defense's emergence from bankruptcy has been thrown into turmoil by a default on a $15m funding commitment by Sciens Capital.
Lawyers for Colt Defense have called off a bankruptcy auction for the Connecticut gun maker after they didn't receive any qualified bids.
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