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Technology Stocks : Brillian Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Tom Caruthers who wrote (318)	2/22/2008 8:29:40 AM
From: Woody_Nickels	Read Replies (2) \| Respond to of 361

Chinese(SCHOT) deadbeats sink BRLC ship. Tomorrow's headline. Woody

To: Tom Caruthers who wrote (318)	2/22/2008 1:42:03 PM
From: Starlight	Respond to of 361

This newswire story makes things a little easier to understand: DOW JONES NEWSWIRES Syntax-Brillian Corp. (BRLC) said in a regulatory filing that the company and its lenders have amended a credit agreement to include requirements that the company bring on an operational adviser to oversee cash management and that it provide a weekly budget to the lenders' administrative agent. The amendment also included a requirement that the company pay $4.5 million in interest due, $3.75 million in an initial payment, and about $250,000 in expenses for the lenders' collateral agent. The company, a Tempe, Ariz.-based maker of liquid crystal displays, must also pay enough to cash collateralize any outstanding letters of credit; repay part of the principal of the term loan; and pay the make-whole amount required in connection with its prepayment of term loans. The term loans must be prepaid so that they are not larger than $120 million "minus an amount to be determined based on principal payments made." The amendment modified a loan agreement made last October with Silver Point Finance LLC and others. That agreement called for a term loan of $150 million and a revolving credit facility of up to $100 million. -Tony Cooke, Dow Jones Newswires; 202-862-1347; tony.cooke@dowjones.com (END) Dow Jones Newswires 02-22-08 1019ET Copyright (c) 2008 Dow Jones & Company, Inc. Dow Jones Back to Stock Summary