NEWS WATCH

BRUNO'S, Birmingham, Ala., said late last week that it has sought and obtained an amendment and waiver of certain financial covenants included in its bank credit facility. The waiver will permit the 220-store chain to use up to $200 million under the revolving credit portion of its bank credit facility through July 23, 1998, the date the waiver expires. The amendment provides for relaxed financial

BRUNO'S, Birmingham, Ala., said late last week that it has sought and obtained an amendment and waiver of certain financial covenants included in its bank credit facility. The waiver will permit the 220-store chain to use up to $200 million under the revolving credit portion of its bank credit facility through July 23, 1998, the date the waiver expires. The amendment provides for relaxed financial covenants during the quarters ended Jan. 31 and May 2, 1998 and a waiver of certain events of

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