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Article: Frederick's of Hollywood Group Inc. Reports Fiscal 2009 Fourth Quarter and Year-End Financial Results.
- Article from:
- Entertainment Newsweekly
- Article date:
- November 13, 2009
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Frederick's of Hollywood Group Inc. (NYSE Amex: FOH) ("Company") announced financial results for its fourth quarter and fiscal year ended July 25, 2009 and announced an amendment to its senior credit facility. Amendment to Senior Facility Effective immediately, an amendment to the Company's senior revolving credit facility with Wells Fargo Retail Finance II, LLC requires the Company to receive at least $4.4 million of net proceeds in a financing by August 1, 2010. This is compared to the previous agreement terms that required the Company to receive at least $4.9 million of net proceeds by December 7, 2009. Further details concerning this amendment are contained in the ...