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News Breaks
October 20, 2009
08:31 EDTBNE
theflyonthewall.com: Bowne & Co receives commitments to amend credit facility
Bowne & Co. announced that it has received commitments from its bank group to amend its credit facility and extend its maturity through May 2013. J.P. Morgan Securities and Banc of America Securities LLC were Joint Lead Arrangers for the Facility. Additionally, under the terms of the amended facility, the minimum fixed charge coverage ratio will be 1.0x at all times, and the company will be afforded increased flexibility related to cash dividends and acquisitions. :theflyonthewall.com



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