Cinram Lenders Extend Waiver
TORONTO, May 1, 2012 /PRNewswire/ - Cinram International Income Fund (TSX: CRW.UN) (the "Fund") announced today that its first and second lien senior lenders have agreed to extend their waiver of certain financial covenants, consistent with previously granted and disclosed waivers. These waivers have been extended to May 30, 2012 but can be terminated under certain circumstances by the lenders on or after May 15, 2012.
About Cinram
Cinram International Inc., an indirect, wholly-owned subsidiary of the
Fund, is the world's largest provider of pre-recorded multimedia
products and related logistics services. With facilities in North
America and Europe, Cinram International Inc. manufactures and
distributes pre-recorded DVDs, audio CDs, and CD-ROMs for motion
picture studios, music labels, publishers and computer software
companies around the world. The Fund's units are listed on the Toronto
Stock Exchange under the symbol CRW.UN. For more information, visit our
website at www.cinram.com.
SOURCE Cinram International Income Fund
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