Stanley-Martin amends loan, revising determination of EBITDA

By Sara Rosenberg

New York, Nov. 30 - Stanley-Martin Communities LLC amended its credit facility, revising certain definitions so as to include any impairment adjustments as a modification of net income in determining EBITDA, according to an 8-K filed with the Securities and Exchange Commission Thursday.

The amendment was completed on Nov. 27.

Wachovia is the agent on the homebuilder's deal.

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