Hudson Highland Group Amends Wells Fargo Foothill Credit Facility
NEW YORK,/PRNewswire-AsiaNet/ --
Hudson Highland Group, Inc. (Nasdaq: HHGP), one of the world's leading providers of
permanent recruitment, contract professionals and talent management solutions, today
amended its $75 million senior secured credit facility with Wells Fargo Foothill. The
revised agreement has no minimum EBITDA covenant. Instead, it requires Hudson to
maintain a minimum borrowing availability of $25 million. Borrowings are based on eligible
receivables. The maturity date of the amended credit facility remains July 31, 2012.
About Hudson Highland Group
Hudson Highland Group, Inc. is a leading provider of permanent recruitment, contract
professionals and talent management services worldwide. From single placements to
total outsourced solutions, Hudson helps clients achieve greater organizational
performance by assessing, recruiting, developing and engaging the best and brightest
people for their businesses. The company employs more than 3,300 professionals
serving clients and candidates in more than 20 countries. More information is available at
Contact: David F. Kirby
Hudson Highland Group
212-351-7216
david.kirby@hudson.com
SOURCE: Hudson Highland Group, Inc.
CONTACT: David F. Kirby of
Hudson Highland Group, Inc.
+1-212-351-7216,
david.kirby@hudson.com
(HHGP)
NEWS 
