Morris Publishing granted waiver

Morris Publishing Group has been granted another waiver of a $9.7 million debt interest payment that was due Thursday.

Morris now has until June 12 to make the interest payment on $278 million in debt that was originally scheduled to be paid Feb. 1.

Holders of more than 80 percent of the outstanding amount of the notes have agreed to extend the forbearance period for the payment, the company announced this afternoon.

Augusta-based Morris Publishing owns The Augusta Chronicle and 12 other daily newspapers.

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