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Non-Tech : GRIN (Grand Toys International Inc) -- Ignore unavailable to you. Want to Upgrade?


To: katmando who wrote (194)6/15/1999 12:28:00 AM
From: Frank McVerry  Read Replies (1) | Respond to of 495
 
kat,

<< Any word on GRIN's re-negotiation of its bank loan? >>

Didn't ask about that one....next time !

Frank



To: katmando who wrote (194)6/17/1999 2:16:00 PM
From: Frank McVerry  Read Replies (1) | Respond to of 495
 
News on the GRIN line-of-credit

kat,

I emailed GRIN about the situation with
the pending expiration of their present
line-of-credit arrangements. I received
a reply from the CFO saying that their
present arrangement has been extended
until end of July. Beyond that time, they
have a choice between "three great bids"
for a new credit line.

- sounds like the banks are not having
much problem with the credit-worthiness
of a profitable 40 year-old business.

Frank