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Debt terms: one of American Apparel Inc.'s big lenders has agreed temporarily to waive a requirement that the company maintain a specific debt-to-earnings ratio.

Publication: Los Angeles Business Journal
Publication Date: 12-OCT-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Debt terms: one of American Apparel Inc.'s big lenders has agreed temporarily to waive a requirement that the company maintain a specific debt-to-earnings ratio.(NEWS OF THE WEEK)(Brief article)

Article Excerpt
DEBT TERMS: One of American Apparel Inc.'s big lenders has agreed temporarily to waive a requirement that the company maintain a specific debt-to-earnings ratio. The wavier covers $80 million that Lion Capital loaned to American Apparel in March. The money came with the condition that the L.A.-based clothing manufacturer...

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