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News Breaks
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October 28, 2009
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| 17:47 EDT |  | PARL |
| theflyonthewall.com: | Parlux Fragrances negotiating extension with Regions Bank | | Parlux Fragrances announced it is currently in negotiations with Regions Bank regarding an extension of the forbearance period, which expires on October 28 under the previously announced Forbearance Agreement with Regions, effective as of August 31, with respect to certain obligations under the Loan and Security Agreement, dated as of July 22, 2008, as amended, with Regions Bank, as lender. The company anticipates making an announcement regarding this extension in the next few days. :theflyonthewall.com |
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