|
Article Excerpt
Cash Flow Enables Pay-down by December 31, 2009 Total Senior Debt Reduced 35% to $139.5 Million Since September 2008
ENGLEWOOD CLIFFS, N.J., July 10 /PRNewswire-FirstCall/ -- Asta Funding, Inc. , (the "Company") a leader in consumer receivable asset management and liquidation, today announced that the Company has secured an amendment to its revolving credit agreement that effective today, extends the facility until December 31, 2009. The amendment is provided by a consortium of lenders for which IDB Bank serves as agent. The initial level of the revolving credit agreement is $40 million as of July 10, 2009 with...
|
|
More articles from PR Newswire
NorthStar Realty Finance Announces Second Quarter 2009 Earnings Confer..., July 10, 2009
New Interactive Online Outplacement Program Taking Aim at Nation's Rec..., July 10, 2009
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
