okay does nobody read? they didn't have to do anything today...if they wanted access to another 5 mil they would have had to raise 10 mil in debt or equity offering before the 31st..they did niether...no default the will be paying a slightly higher interest rate but that's better than paying interest in another 5 mil..
I would think that they would have to disclose if they DIDN'T. After all, it is a covenant breach that triggers a debt penalty. So in this case, no news may be good news. But something will likely be said before Monday's open either way. Too many folks have their eye on this.