×

BRIEF-BioFuel Energy units get default notice under credit agreement

Oct 3 (Reuters) - BioFuel Energy Corp :

* Units received a notice of default, under the credit agreement dated as of

September 25, 2006

* Borrowers failed to make regularly-scheduled payments of principal &

interest, in aggregate of $3.6 million

* Intends to continue to have, discussions with administrative agent, lenders

regarding the terms of term loans

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

((For more news, please click here ))