Kid Brands amends credit agreement to waive the non-compliance at Q2-end

theflyonthewall.com

The company reported that, on Aug. 13, it amended its credit agreement to, among other things, waive the non-compliance at the end of Q2 with a leverage ratio covenant, amend the financial covenants applicable to the company for future periods, and amend the terms of the facility. The amended facility is further described below under the caption "Amended Credit Agreement".

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