(USA/Canada)--April 7, 2009--The newsprint maker AbitibiBowater said Tuesday that some of its lenders had granted one of its units a waiver, after it failed to meet the requirements under a $210 million receivables purchase agreement.
AbitibiBowater is scrambling to restructure its crippling debt, which is owed largely by its Abitibi-Consolidated and Bowater subsidiaries.
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