other material
confidence high
sentiment negative
materiality 0.60
Universal Corp. extends covenant waiver for Q2 FY2025 financials to Feb 14, 2025
UNIVERSAL CORP /VA/
- Entered Updated Consent extending delivery deadline for Q2 FY2025 financials from Dec 31, 2024 to Feb 14, 2025.
- Paid consent fee of 0.05% of each lender's commitment and outstanding term loans as of Dec 20, 2024.
- This marks the second extension; initial consent filed Nov 12, 2024 set deadline of Dec 31, 2024.
- Under Credit Agreement, quarterly financials originally due within 45 days of quarter end.