Dayton Fends Off $250M In Debt As Bankruptcy Looms

Law360, New York (March 25, 2009, 12:00 AM EDT) -- Commercial construction materials supplier Dayton Superior Corp. has informed investors that it has received a brief extension on as much as $250 million in debt as the company mulls options for a more comprehensive restructuring plan, and a possible sale, warning that it may have to seek bankruptcy protection.

The Dayton, Ohio-based company filed a notice Tuesday with the U.S. Securities and Exchange Commission stating that it had entered into a second amendment to a $150 million revolving credit facility and a third amendment to a...
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