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To: edge who wrote (482)2/24/1999 5:21:00 PM
From: edge  Respond to of 3517
 
FYI LAST NEW RELEASE---- HTNZ..ANYONE HAVE ANYTHING ELSE??

FROM THE LOOK OF THE BELOW NEWS RELEASE..IT APPEARS THAT
SOMETHING MAY BE LOOMING SOON WITH THIS CO.....THE BANK HAS
INCREASED THE CREDIT FACILITY AND SHORTENED THE MATURITY OF
A SENIOR BANK NOTE BY THREE YEARS...

GOOD LUCK ....ANY IDEA OF THE FLOAT?

01/15 17:42 Hollywood Theaters gets credit facility
expansion

DALLAS, Jan 15 (Reuters) - Hollywood Theaters Inc. said Friday it entered into an
amendment with its senior bank that provides for an expansion of its credit facility to
$75 million.

The company did not disclose how much it was before. It said in a statement that the
amendment was subject to certain conditions of borrowing, a waiver of compliance by
the company of all financial covenants until June 30, 1999,and an acceleration of
maturity of amounts outstanding under the senior bank facility to June 30, 1999 from
August 7, 2002.

((-- New York Newsdesk 212 859-1700))