|
|
Article: ACT Manufacturing, Inc. Announces Amendment to DIP Credit Facility.
- Article from:
- Business Wire
- Article date:
- May 31, 2002
CopyrightCOPYRIGHT 2002 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)
|
Business Editors
HUDSON, Mass.--(BUSINESS WIRE)--May 31, 2002
ACT Manufacturing, Inc. today announced that the U.S. Bankruptcy Court overseeing the Company's Chapter 11 bankruptcy proceeding recently approved an agreement between the Company and its debtor-in-possession lenders to amend the Company's DIP credit facility. As part of the amendment, the Company and its DIP lenders agreed to extend both the maturity date of the DIP credit facility and the date established under the DIP credit facility by which the Company's ongoing sale process shall have concluded to July 31, 2002.
The Company, headquartered in Hudson, Massachusetts, provides ...