Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for MedQuest Inc. > News item |
MedQuest again gets limited waiver of defaults, extends financial reporting deadline
By Sara Rosenberg
New York, Aug. 15 - MedQuest Inc. received a limited waiver, extending the waiver the company obtained on May 13 regarding defaults and the reporting deadline for fiscal quarters ended March 31 and June 30 financials and six months ended June 30 financials, according to an 8-K filed with the Securities and Exchange Commission on Monday.
Furthermore, the waiver covers non-compliance with financial covenant tests for the periods ended June 30, March 31, Dec. 31, 2004 and/or prior periods.
The company expects to continue discussions with the lenders to obtain a permanent waiver of any defaults and/or events of default that may have occurred, the filing added.
Wachovia Bank is the administrative agent on the deal.
The limited waiver is effective as of Aug. 13 and expires Aug. 31.
MedQuest is an Alpharetta, Ga.-based operator of diagnostic imaging centers.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.