NTK Holdings Provides FY2009 EBITDA Guidance Including Goodwill Impairment

NTK Holdings, Inc. disclosed its fiscal year 2009 EBITDA guidance, expecting a loss between $105.0 million and $115.0 million, net of an estimated $250.0 million non-cash goodwill impairment charge. The filing also notes advisory fees related to analysis of the company's capital structure and estimated fees for a restructuring of indebtedness.

“NTK Holdings, Inc. (“NTK Holdings”) has disclosed that it expects EBITDA (as defined below) for its fiscal year 2009 to be between a loss of $115.0 million and $105.0 million, which are both net of an estimated $250.0 million non-cash goodwill impairment charge that occurred in the second quarter of 2009.”

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