Top Miami Stories
Neff Cuts Deal With Lenders After Posting Loss
By David R. CorderMIAMI-Lenders grant the locally based equipment rental company a permanent wavier under events of default and an increase in pricing. In exchange, Neff agreed to a reduction in the maximum amount allowed under the credit facility, from $220 million to $160 million by June 30 and to $120 million by Dec. 31.
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