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revlis

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revlis

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Saturday, 10/01/2011 8:27:38 PM

Saturday, October 01, 2011 8:27:38 PM

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NextWave Wireless gets refinancing extension
Wednesday 28 September 2011 | 15:56 CET

NextWave Wireless announced that its senior noteholders have agreed to an extension to 30 November of the deadline for the company to complete a refinancing transaction. In August the company entered into an agreement with the holders of its secured notes pursuant to which the creditors agreed to forbear from exercising their rights if NextWave failed to pay on time. The forbearance agreement required the company to complete a refinancing transaction within a specified time frame, initially set to expire on 30 September.
http://www.telecompaper.com/news/nextwave-wireless-gets-refinancing-extension
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