E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/16/2003 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

Oglebay Norton extends waiver of covenants through Aug. 15

By Sara Rosenberg

New York, June 16 - Oglebay Norton Co. extended the waiver through Aug. 15 of certain covenants under its senior secured bank loan agreements.

Furthermore, the company is currently in discussions with its senior bank group and its senior secured note holders on longer term amendments to the lending agreements.

Oglebay Norton is a Cleveland provider of essential minerals and aggregates.


© 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.