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Published on 6/22/2009 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

Anthracite Capital extends loan waiver for covenant non-compliance

By Sara Rosenberg

New York, June 22 - Anthracite Capital Inc. extended the waiver of covenant breach under its secured credit facility to July 22 from June 22, according to an 8-K filed with the Securities and Exchange Commission on Monday.

The extension was obtained on June 22.

BlackRock Holdco 2 Inc. is the provider of the loan.

Anthracite is a New York-based specialty finance company focused on investments in high-yield commercial real estate loans and related securities.


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