RALEIGH, N.C.--(BUSINESS WIRE)--Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, today announced that it has negotiated a non-binding framework for a comprehensive recapitalization term sheet with a steering committee of its lenders. The lenders have extended the existing loan covenant waiver through February 1, 2010 in order to facilitate continued negotiations. This extended waiver provides the
For more information, please visit
http://www.businesswire.com/news/home/20091214006250/en