Lenox in talks on amending existing or getting new credit facility

By Sara Rosenberg

New York, March 15 - Lenox Group Inc. is currently in discussions with the agent under its existing credit facility as well as with other potential lenders regarding a modified or new credit facility, according to a 10-K filed with the Securities and Exchange Commission Thursday.

These discussions are taking place because the company's previously announced waiver of non-compliance with its leverage and interest coverage ratios expires on April 30.

Lenox is an Eden Prairie, Minn.-based tabletop, collectible and giftware company.

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