Navigation Links
Sunrise Misses NYSE Deadline for Filing 2006 Form 10-K
Date:3/18/2008

improvements in internal controls and procedures designed to rigorously protect the interests of our stockholders, team members and residents."

All corporate governance reforms and remedial measures undertaken by the Company are outlined in a Form 8-K to be filed today by the Company.

Liquidity Update

Sunrise had $79.3 million of unrestricted cash and cash equivalents and $165.7 million in restricted cash at February 29, 2008. To date, the Company has financed its operations primarily with cash generated from operations, both short-term and long-term borrowings and venture recapitalizations. The Company estimates it will cost approximately $0.9 billion to complete the 45 communities under construction at December 31, 2007, including debt and equity, the majority of which has already been committed.

The Company had borrowings of $108 million under its bank credit facility at February 29, 2008. On March 13, 2008, Sunrise entered into a further amendment of its bank credit facility that matures on December 2, 2009. The amendment, among other things, modifies the financial statement delivery date requirements for various 2006 and 2007 annual financial information and various 2007 and 2008 quarterly financial information, including:

-- delivery of 2006 annual financial statements by April 15, 2008

(previously March 17, 2008);

-- delivery of an internally prepared draft balance sheet and income

statement for the 2007 fiscal year by April 30, 2008 (previously March

17, 2008);

-- delivery of audited 2007 financial statements by July 31, 2008

(previously June 30, 2008); and

-- delivery of 2008 first and second quarter unaudited financial

statements by August 20, 2008 and September 10, 2008, respectively.

Any failure by the Company to furnish the administrative agent with the financial information required under the credit agreement within the timeframes set for
'/>"/>

SOURCE Sunrise Senior Living, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Sunrise Reports Preliminary Selected Financial and Operating Data for Fourth-Quarter 2007
2. Sunrise Announces Release Date for Fourth-Quarter Preliminary Selected Financial and Operating Data
3. Sunrise to Unveil New Residence for Seniors at Clayton on the Park
4. Eclipsys Announces Strong Market Momentum for Sunrise Pharmacy
5. Eclipsys Sunrise Radiology Helps Trinitas Hospital Achieve Financial Outcome Improvements
6. Sunrise Senior Living Opens First Custom-Built Community for Early, Mid and Late Stage Alzheimers Care Programs
7. Sunrise Reports Preliminary Selected Financial and Operating Data for Third-Quarter 2007
8. Eclipsys Sunrise Acute Care Receives CCHIT Certification
9. Sunrise Settles Litigation Regarding Its 2007 Annual Meeting
10. SingHealth Selects Eclipsys Solutions to Help Improve Clinical Outcomes, First Sunrise Clinical Manager Client Outside of North America
11. Sunrise Provides Status Report on Special Independent Committee Investigation; Provides Updates on Managements Internal Control Review Efforts and on Legal Proceedings
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2014)... TherapySites, the leading website and ... its affiliation with the Illinois Association for Marriage ... TherapySites to continue to extend their online marketing solutions ... , “There has been a fundamental shift in the ... 3 billion Internet users, it is so important to ...
(Date:7/28/2014)... According to the Heartburn No More PDF review ... will help people get rid of acid reflux ... about heartburn and acid reflux. In addition, inside this book, ... risk factors for reflux disease. , Vkool informs in ... of symptoms of reflux disease naturally without medications. The book ...
(Date:7/28/2014)... New York, NY (PRWEB) July 28, 2014 ... completed the exit of its investment in Loftware, Inc., ... Partners of Boston. Shore Points was the lead investor ... which the Company has become the leading international provider ... applications. , “Loftware has been a great investment for ...
(Date:7/27/2014)... Hyaluronic Acid can hold 1,000 times ... to the power of Hyaluronic Serums. , "Hyaluronic acid ... of Sublime Beauty®. "But like collagen, it diminishes with ... improves skin moisture-retention and radiance." , Hyaluronic acid ... healthy and beautiful look. Key Ingredients in the serum ...
(Date:7/27/2014)... hepatitis E virus (HEV) transmission by blood components indicates ... HEV in their plasma. The findings, published in ... components (eg, red cells, platelets, and fresh frozen plasma) ... , The study retrospectively screened 225 000 individual ... 2012 and Sept, 2013 for HEV RNA. 79 donors ...
Breaking Medicine News(10 mins):Health News:TherapySites (Websites for Therapists) Partners with the Illinois Association for Marriage and Family Therapy 2Health News:Heartburn No More Pdf Review Exposes Jeff Martin's Guide For Treating Heartburn – Vkool.com 2Health News:Heartburn No More Pdf Review Exposes Jeff Martin's Guide For Treating Heartburn – Vkool.com 3Health News:Shore Points Capital Announces Sale of Portfolio Company Loftware 2Health News:Aging or Dry Skin Benefits from Hyaluronic Serum; Now 30% Off Sale at Sublime Beauty® 2Health News:The Lancet: 1 in 3000 blood donors in England infected with hepatitis E 2
... that the brain is always alert even if there is ... they are listening out for a sound. ,Pierre ... national research institute. He studied the brain activity of 11patients ... Imaging. // It showed that they were actually listening ...
... leg pain and very pale skin can all be early ... ,Thousand’s of children's lives will be saved ... for parents, which could speed diagnosis and treatment. ... their child having a headache, stiff neck, sensitivity to light ...
... Professor Stuart J. Connolly and his team from McMaster ... JAMA that a combination of Antiarrhythmic drugs such as ... found to reduce the painful shocks in ventricular arrhythmia ... high voltage shocks which are used to treat fatal ...
... is lot of relaxation in weight reduction programs. This however cannot ... is to listen to one’s inner voice and constantly work towards ... voice starts piping up as you lie on the couch. "Go ... those potato chips," it urges., ,The voice is that ...
... led to researchers warning British tourists to keep away from ... into Britain. Despite these warnings of a possible spread of ... Association of British Travel Agents had reported that the tourist ... be not afraid of bird flu threat. The tour promoters ...
... shown that tomato juice prevented emphysema in mice exposed to ... disease. // ,The lung protective effect was attributed ... to be the first to link tomato consumption to emphysema ... 'We can't simply accept that these results go beyond the ...
Cached Medicine News:Health News:New warning signs for child meningitis 2Health News:Being Active In Winter Despite That Inner Urge 2
(Date:7/25/2014)... , July 25, 2014  Smile Train and ... to showcase their Virtual Surgery Simulator among leading global ... will take place in Washington, D.C. ... Performing Arts. "Smile Train is honored ... the talented community of innovators in health and medicine ...
(Date:7/25/2014)... , July 25, 2014 GrowBLOX Sciences, Inc. (OTCQB: ... Memorandum of Understanding ("MOU") with LaurelCo, LLC, an ... acquisition of both cultivation and dispensary medical marijuana licenses in ... the MOU, GBLX will acquire a 20% equity interest in ... GrowBLOX TM growing chambers, as well as all technology ...
(Date:7/25/2014)... -- Solanbridge Group Inc (OTC: SLNX) is pleased to announce ... and the Letter of Intent issued on July 11, ... Agreement. Charles R. Shirley , Managing ... Mr. David Pecoraro and Buzznbrewz.com join SLNX,s ... sector and developed a tremendous network of contacts who ...
Breaking Medicine Technology:Smile Train and BioDigital Selected to Showcase Virtual Surgery Simulator in The Hive at TEDMED 2014 2Smile Train and BioDigital Selected to Showcase Virtual Surgery Simulator in The Hive at TEDMED 2014 3GrowBLOX Sciences, Inc. Partners with LaurelCo, LLC to Obtain Licenses to Cultivate and Dispense Medical Marijuana in Illinois 2GrowBLOX Sciences, Inc. Partners with LaurelCo, LLC to Obtain Licenses to Cultivate and Dispense Medical Marijuana in Illinois 3Solanbridge Group Inc Announces Acquisition of Buzznbrewz.com 2
... May 19, 2011 Omeros Corporation ... it is advancing two of its product candidates ... meniscectomy and OMS302 for intra-ocular lens replacement surgery ... of these product candidates are added to standard ...
... (Nasdaq: ENMD ), a clinical-stage pharmaceutical company ... the presentation of clinical data for its Phase 2 ... data will be presented at the American Society of ... 3 - 7, 2011 in Chicago, Illinois. ...
Cached Medicine Technology:Omeros Announces Clinical Development Programs for OMS103HP and OMS302 2Omeros Announces Clinical Development Programs for OMS103HP and OMS302 3Omeros Announces Clinical Development Programs for OMS103HP and OMS302 4Omeros Announces Clinical Development Programs for OMS103HP and OMS302 5EntreMed ENMD-2076 Phase 2 Data to Be Presented at ASCO Annual Meeting 2EntreMed ENMD-2076 Phase 2 Data to Be Presented at ASCO Annual Meeting 3
Lightweight & portable, compact station. Accurate and speedy measurement, auto-shot function, AI measuring function, focusing indicator....
... Medennium is an innovative device used ... duct, and conserve the eye's natural ... a range of punctum sizes. Made ... SmartPLUG adjusts to the exact shape ...
Provides quick freezing and quick defrosting. Lightweight probe tips have high conductivity silver. Useful for Cataract, Retinal Detachment, Glaucoma and Intra-vitreal surgery. Includes either one ca...
Khosla Precision and Quality in Medical and Surgical Products....
Medicine Products: