Kaufman & Broad in talks with lenders on financial covenants modifications

By Sara Rosenberg

New York, Nov. 17 - Kaufman & Broad is currently involved in discussion with its banks regarding adjusting financial covenants, according to a news release.

The company also said that its debt carries no principal repayment obligations in the short- or medium-term.

Kaufman & Broad is a Paris-based designer, builder and seller of single-family homes, apartments and office properties.

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