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Isle of Capri Casinos, Inc. Message Board

  • mrwhirly23761 mrwhirly23761 Dec 13, 2012 2:20 PM Flag

    why is ISLE in violation of its DEBT COVENANTS??

    did they amend the debt covenants?
    what triggered the violation(s)?

    This means that if a company breaches, or is in danger of breaching, its debt covenants, not only does this indicate that the company is not financially strong, but also that the problems are likely to become worse as lenders react.

 
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