E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/20/2006 in the Prospect News Bank Loan Daily.

Pathmark Stores amends loan

By Sara Rosenberg

New York, Dec. 20 - Pathmark Stores Inc. amended its credit facility, requiring that the ratio of credit extensions to consolidated EBITDA at the end of any fiscal quarter not be more than 2.40:1.00, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

The amendment was completed on Dec. 15.

Fleet Retail Group is the administrative agent on the deal.

Pathmark is a Carteret, N.J.-based operator of a chain of supermarkets.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.