Krispy Kreme gets another credit line extension
2005-03-29
For the second time this year, Krispy Kreme Doughnuts' (KKD) lenders have agreed to push back a deadline before the company defaults on its $150 million credit line, the company said Friday.
Krispy Kreme also said it was working with an unnamed lending group to replace the credit line that could have gone into default as early as Friday. The company now has until April 11 to deliver financial statements for the quarter ended Oct. 31.
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Source - USA TODAY
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