ODFL | Will this impact OD??

[Familyman]

Does anyone know any more about this filing?? Has OD already repaid this or is it still outstanding and if so how will it effect their profit margin??

The Company is required to make seven equal annual principal prepayments on the Tranche B Notes commencing on
February 25, 2009, each such prepayment to equal $3,571,428 (or such lesser amount as shall then be outstanding). The
Company may optionally prepay at any time all or part of the Series A Notes, of which the Tranche B Notes represent $25
million of a total of $75 million outstanding, in an amount not less than 10% of the original aggregate principal amount (or
such lesser amount as required to effect a partial prepayment resulting from an offer of prepayment pursuant to a sale of
assets) at 100% of the principal amount so prepaid, together with interest accrued thereon to the date of such prepayment, plus
the applicable make-whole amount determined for the prepayment date with respect to such principal amount of each Series
A Note then outstanding. Such optional prepayment shall be applied to each of the Series A Notes in proportion to the
respective unpaid principal amounts thereof.

Full Filing HERE http://www.odfl.com/company/forms10Q.10K.8K/2005/2005.8-K.05.25.pdf


FM
http://www.odfl.com/company/forms10Q.10K.8K/2005/2005.8-K.05.25.pdf

 

[JIM BOB]

By today's standards those payments are not much.

 

[Allnightlong]

If any company can afford this rite now it would be O.D. not like they forgot this was coming up im sure.

 

[Familyman]

Old Dominion Freight Line Inc. (ODFL) [Chart - News - Analysis] was downgraded from Outperform » Neutral on 11/2/2009---a negative sign for the stock that investors will have to endure.

%20was%20downgraded%20from%20Outperform%20%C2%BB%20Neutral%20on%2011/2/2009---a%20negative%20sign%20for%20the%20stock%20that%20investors%20will%20have%20to%20endure.]Old Dominion Freight Line Inc. (ODFL) [Chart - News - Analysis] was downgraded from Outperform » Neutral on 11/2/2009---a negative sign for the stock that investors will have to endure.