FiberNet amends loan, extending deadline to issue securities

By Sara Rosenberg

New York, July 12 - FiberNet Telecom Group Inc. amended its credit facility, once again extending the date by which the company must issue a minimum of $6.5 million securities - this time to July 22 from July 15, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

Previously the deadline had been extended to July 15 from June 23.

Deutsche Bank is the administrative agent on the loan.

FiberNet is a New York-based company that deploys, owns and operates fiber-optic networks.

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