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Article: Image Entertainment Amends Convertible Note.
- Article from:
- Business Wire
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Amendment Grants Further Extension to Deadline for Installment Payment of Principal
CHATSWORTH, Calif. -- Image Entertainment, Inc. (NASDAQ:DISK), a leading independent licensee and distributor of entertainment programming in North America, announced today that it has entered into an Amendment Agreement (the "Amendment Agreement") with the holder (the "Holder") of its 8.875% senior convertible note due August 30, 2011 in the principal amount of $15,700,792.60 (the "Note"). The Amendment Agreement amends the Note to change the dates on which the Holder may request the next installment payment under the Note. Upon delivery of appropriate notice, the Holder may now ...