A Perfect Circle guitarist Billy Howerdel has said in a new interview that he reached out to Gibson about making a signature guitar model for him, but has been stymied by the company’s current struggles. Howerdel explained, “I talked with Gibson about doing a signature model, and then I just, y’know, heard like everyone else about their troubles, but I’m going to make one last-ditch effort, or work with someone else.” The iconic guitar manufacturer has debt of more than half a billion dollars that will come due this summer and may drive the company into bankruptcy.