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Published on 8/29/2003 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

BMC Industries obtains additional deferral of interest payments

New York, Aug. 29 - BMC Industries, Inc. said its lenders agreed to a further temporary deferral of $1.1 million of interest payments.

The deferral is until Sept. 15, the termination date of BMC's existing 60-day waiver.

The Minneapolis manufacturer of color television picture tubes and polycarbonate and glass eyewear lenses previously obtained a deferral of $687,000 of interest payments until Aug. 28.


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