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Home Interiors & Gifts extends waiver of leverage and interest coverage ratios
By Sara Rosenberg
New York, Dec. 28 - Home Interiors & Gifts Inc. extended its loan waiver to Jan. 11 from Dec. 15 regarding compliance with the consolidated leverage ratio and the consolidated interest coverage ratio, according to an 8-K filed with the Securities and Exchange Commission.
The waiver extension was completed on Dec. 22.
JPMorgan Chase Bank is the administrative agent on the deal.
Home Interiors & Gifts is a Dallas-based integrated manufacturer and distributor of home decorative accessories.
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