Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: FRIDAY, April 19, 1991 TAG: 9104190296
SECTION: BUSINESS PAGE: A7 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Short
REVCO OKS RENEWAL OF CREDIT FACILITY
Revco D.S. Inc., the Twinsburg, Ohio-based drug store chain, said Thursday
it has signed an agreement with Wells Fargo Bank N.A. for an extension of the
company's debtor-in-possession credit facility. According to the agreement,
the $80 million credit will be extended to either June 1, 1992, or
confirmation of a plan of reorganization, whichever is earliest. The agreement
must be approved by the U.S. Bankruptcy Court in Akron, Ohio.
- Associated Press
by CNB