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Creditors Extend Waiver to Pilgrim's Pride

US - Pilgrim's Pride Corp. has said its lenders have agreed to continue the credit waiver.
calendar icon 27 October 2008
clock icon 1 minute read

Market Watch reports that Pilgrim's Pride Corp. said today that its lenders have agreed to extend the temporary waiver under its credit facilities through Nov. 26 and to provide continued liquidity.

The poultry producer said it has been working on a plan to address the challenges facing both the company and the chicken industry.