ACETO Announces Credit Agreement Amendment
Board of Directors Declares a Dividend of
The Amendment provides for a waiver of any event of default on the total net leverage ratio, senior secured net leverage ratio and debt service coverage ratio financial covenants for the fiscal quarters ended or ending
Separately, the Company also announced that it will file a Notification of Late Filing on Form 12b-25 with the
Fourth Quarter Fiscal 2018 Dividend Declared
The Company's Board of Directors has declared a regular quarterly dividend of
Reporting Fourth Quarter and Fiscal Year 2018 Earnings
Management intends to report results for the fourth quarter and fiscal year ended
In addition, management will host a conference call to discuss the results at
To preregister, go to DiamondPassLink. Callers who preregister will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may preregister at any time, including up to and after the call start time.
A live webcast of the conference call will be available in the Investor Relations section of the Company’s website, www.aceto.com. Please access the website 15 minutes prior to the start of the call to download and install any necessary audio software.
A telephone replay of the conference call will be available from
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements as that term is defined in the federal securities laws, including statements regarding the Company’s plans to finalize its financial statements and timely file its Annual Report, and to pay the referenced dividend in accordance with the Company’s credit agreement as amended by the Amendment. Any such forward-looking statements are based on current expectations, estimates and projections of management.
Any one or more of these uncertainties, risks and other influences could materially affect ACETO’s results of operations and whether forward-looking statements made by
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Source: Aceto Corporation