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News Breaks | | | | November 1, 2012 | | 07:49 EDT |  | SWSH | Swisher Hygiene amends credit facility with Wells Fargo Bank
Swisher Hygiene announced that it has entered into an amendment to its senior credit facility with Wells Fargo Bank, National Association as administrative agent. The amended facility provides an extension for the delivery of Swisher Hygiene's financial statements for FY11 and for the quarterly periods ended March 31, 2012, June 30, 2012 and Sept. 30, 2012 until the earlier of the date on which the company delivers such financial statements to the SEC or Nov. 16, 2012. At the same time, the amendment waives any Default or Event of Default that may exist as a result of Swisher Hygiene not timely filing its Annual Report on Form 10-K for the year ended December 31, 2011, its Quarterly Report on Form 10-Q for the period ended March 31, 2012 and its Quarterly Report on Form 10-Q for the period ended June 30, 2012, so long as Swisher Hygiene files the Form 10-K and Form 10-Qs by Nov. 16, 2012. Swisher Hygiene cannot provide assurance as to when it will complete the filings. | |
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