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News Breaks | | | | July 10, 2012 | | 06:11 EDT |  | DEST | Destination Maternity made $10M optional prepayment on term loan in Q3
During Q3 of FY12 the company made a $10M optional prepayment on their term loan and paid a regular quarterly cash dividend, after having initiated this regular quarterly cash dividend in Q2 of FY11. The company's debt prepayment and regular quarterly dividend payments demonstrate their continued confidence in the company's financial strength, cash flow generation, and prospects for the future, and highlight our commitment to continue to drive shareholder value. | |
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