Krispy Kreme anticipates needing loan covenant relief

By Sara Rosenberg

New York, Dec. 11 - Krispy Kreme Doughnuts Inc. may need relief from its financial covenants in fiscal 2009 depending on its results for the fourth quarter, according to a 10-Q filed with the Securities and Exchange Commission on Thursday.

In addition, the company expects that it will need to seek amendments to relax financial covenants for fiscal 2010 as well.

Krispy Kreme is a Winston-Salem, N.C.-based branded specialty retailer of sweet treats.

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