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Published on 2/25/2022 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

Unique Fabricating extends forbearance period, seeks longer extension

By Marisa Wong

Los Angeles, Feb. 25 – Unique Fabricating NA, Inc. and Unique-Intasco Canada, Inc. entered into a fifth amendment on Feb. 25 to the forbearance agreement with respect to their amended and restated credit agreement, according to an 8-K filing with the Securities and Exchange Commission.

The amendment extends the forbearance period to March 11 from Feb. 28.

The company intends to use the short-term extension of its forbearance agreement to complete negotiations of a longer extension with the lenders

Citizens Bank, NA is administrative agent for the lenders.

The Auburn Hills, Mich., company makes foam, rubber and plastic components.


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