TITLE

Donnkenny gets waivers on defaults in revolving credit, but maximum cut

PUB. DATE
November 1996
SOURCE
WWD: Women's Wear Daily;11/27/1996, Vol. 172 Issue 102, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the granting of waivers to Donnkenny Inc. on defaults of its revolving credit agreements. Cut on Donnenny's maximum credit; Suits filed by shareholders on charges of misleading financial information and insider trading by the officers; Violation of the leverage restrictions; Declaration of the entire loan due and payable upon expiration of the waiver; Positive outlook of the company.
ACCESSION #
9704081894

 

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