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Published on 6/12/2008 in the Prospect News Distressed Debt Daily.

Tousa interim DIP loan termination date extended to June 17

By Caroline Salls

Pittsburgh, June 12 - Tousa, Inc.'s interim debtor-in-possession credit agreement termination date was extended to June 17 from June 11, according to an 8-K filed with the Securities and Exchange Commission.

Tousa, a Hollywood, Fla.-based homebuilder, filed for bankruptcy on Jan. 29 in the U.S. Bankruptcy Court for the Southern District of Florida. Its Chapter 11 case number is 08-10928.


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