Sept 2 (Reuters) - Trico Marine Services Inc:
* Says two covenants under units's previous credit agreement have not been or
will not be satisfied
* Trico shipping entered into forbearance agreement with nordea and tennenbaum
capital partners, llc
* Says under agreement, lenders not to pursue any right or remedy against the
company or unit
* Says lenders not to file suit regarding Trico shipping working capital
facility - SEC filing
* Unit's covenants on minimum cash requirements for August, monthly EBITDA
requirements for FY ending July 31, not met
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
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* Says two covenants under units's previous credit agreement have not been or
will not be satisfied
* Trico shipping entered into forbearance agreement with nordea and tennenbaum
capital partners, llc
* Says under agreement, lenders not to pursue any right or remedy against the
company or unit
* Says lenders not to file suit regarding Trico shipping working capital
facility - SEC filing
* Unit's covenants on minimum cash requirements for August, monthly EBITDA
requirements for FY ending July 31, not met
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.