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News Breaks
December 4, 2009
08:02 EDTAHC
theflyonthewall.com: A.H. Belo announces credit agreement amendment
The amendment extends the credit facility's maturity date to September 30, 2012, reduces the facility size to $25M and releases certain real property securing the facility. The amended facility remains subject to a borrowing base. If borrowing capacity under the amended facility is less than $17.5M, then a fixed charge coverage ratio covenant of 1:1 will apply. Other usual and customary covenants were carried forward. :theflyonthewall.com



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