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BGF Industries, Inc. Makes Announcement.

Publication: Business Wire
Publication Date: 13-JAN-03
Format: Online - approximately 279 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

GREENSBORO, N.C.--(BUSINESS WIRE)--Jan. 13, 2003

BGF Industries, Inc. (BGF) announces that it does not have sufficient cash available to make the required interest payment on its 10 1/4% Series B Senior Subordinated Notes due 2009 on January 15, 2003.

Under the terms of the indenture governing the...

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