1 December 2001 -BGF in agreement with its lenders
BGF Industries Inc says it has reached an agreement with its Senior Lenders to amend theSenior Credit Agreement dated 30 September 1998... BGF entered this agreement to allow for the partial funding of the acquisition of the Glassfiber Yarn Division of Owens Corning, known today as Advanced Glassfiber Yarns LLC. The amendment modifies the existing financial covenants through to the end of 2002...
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