Quiksilver has hired an adviser, Peter J. Solomon, to help...

Quiksilver has hired an adviser, Peter J. Solomon, to help obtain additional financing from lenders, says Bloomberg. With its stock trading at around 50 cents a share and a warning by the New York Stock Exchange that it may be delisted, Quiksilver is unlikely to raise additional equity. The company has said that that it still had enough cash to cover its requirements through April 2016, plus access to credit lines for up to $70 million. It has already noted that it may not be able to renew a European credit line for $18 million. Furthermore, it will have to start repaying its primary terms loans in December 2017. One option would be to sell off one or more of its remaining brands – Quiksilver, Roxxy or DC Shoes.