Salton gets loan waiver regarding new £61 million facility at its European subsidiaries

By Sara Rosenberg

New York, Dec. 28 - Salton Inc. got a waiver under its credit facility, consenting to a new £61 million credit facility at its European subsidiaries and waiving until Jan. 15 the requirements to deliver a fully executed landlord waiver with respect to a warehouse, according to an 8-K filed with the Securities and Exchange Commission.

The amendment was completed on Dec. 20.

Wells Fargo Foothill Inc. is the administrative agent on the deal.

Salton is a Lake Forest, Ill., designer, marketer and distributor of small appliances, electronics, home decor and personal care products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.