RUSS TOGS ISSUES STATEMENT
RUSS TOGS ISSUES STATEMENT NEW YORK, Nov. 5 /PRNewswire/ -- Russ Togs, Inc. (NYSE: RTS) today
announced that its banks have elected to declare all amounts due under the company's credit agreement immediately due and payable pursuant to the terms of such agreement.
The company stated that it is continuing to review alternatives, including other sources of financing or a reorganization under the Bankruptcy Laws. -0- 11/5/91 /CONTACT: Ana Garcia of Parker Chapin Flattau & Klimpl, 212-704-6185, for Russ Togs/ (RTS) CO: Russ Togs, Inc. ST: New York IN: REA SU: SM-OS -- NY023 -- 1164 11/05/91 10:27 EST
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|Date:||Nov 5, 1991|
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