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10 个月内
BRIEF-Versar-On sept 29, co, lender entered into fourth forbearance agreement in consideration of ongoing steps by co
2016年9月30日 / 上午10点37分 / 10 个月内

BRIEF-Versar-On sept 29, co, lender entered into fourth forbearance agreement in consideration of ongoing steps by co

1 分钟阅读

Sept 30 (Reuters) - Versar Inc :

* As condition to 4th forbearance agreement, co appointed H. Haywood Miller III as company's Chief Restructuring Officer

* On sept 29, co, lender entered into fourth forbearance agreement in consideration of ongoing steps by co to work to resolve defaults-SEC filing

* Company retains ability to borrow funds under revolving credit facility subject to a cap of $13.5 million

* Miller to assist co to develop, implement plans for long term operations,financial restructuring of company, which may include sales of assets Source text bit.ly/2dggoce Further company coverage:

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