(Reuters) - The company said in a statement released late Friday that
as a result of the margin calls from lenders, it has delayed
paying dividends on its common stock, and plans to delay
payments on its preferred shares.
Margin calls can create severe difficulty for a company
that depends on funds from its lenders to finance loans, and
can force the company to sell assets or seek other financing.
Read more at Reuters.com Bonds News
as a result of the margin calls from lenders, it has delayed
paying dividends on its common stock, and plans to delay
payments on its preferred shares.
Margin calls can create severe difficulty for a company
that depends on funds from its lenders to finance loans, and
can force the company to sell assets or seek other financing.
Read more at Reuters.com Bonds News
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