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Allen-Vanguard extends agreement with lenders

1st November 2008 - 07:15 GMT | by The Shephard News Team


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Allen-Vanguard Corporation of Ottawa, Canada today announced that its lenders have extended the accommodation agreement announced September 30, 2008, to November 28, 2008.

The accommodation further defers compliance with certain financial covenants and payment of the $10 million quarterly principal repayment that was due at September 30, 2008. The accommodation ...

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