HHGP Hudson Highland Grp., Inc. (MM)

NEW YORK, Dec. 30 /PRNewswire-FirstCall/ -- Hudson Highland Group, Inc. (NASDAQ:HHGP), one of the world's leading providers of permanent recruitment, contract professionals and talent management solutions, today amended its $75 million senior secured credit facility with Wells Fargo Foothill. The revised agreement has no minimum EBITDA covenant. Instead, it requires Hudson to maintain a minimum borrowing availability of $25 million. Borrowings are based on eligible receivables. The maturity date of the amended credit facility remains July 31, 2012. About Hudson Highland Group Hudson Highland Group, Inc. is a leading provider of permanent recruitment, contract professionals and talent management services worldwide. From single placements to total outsourced solutions, Hudson helps clients achieve greater organizational performance by assessing, recruiting, developing and engaging the best and brightest people for their businesses. The company employs more than 3,300 professionals serving clients and candidates in more than 20 countries. More information is available at http://www.hudson.com/. Contact: David F. Kirby Hudson Highland Group 212-351-7216 DATASOURCE: Hudson Highland Group, Inc. CONTACT: David F. Kirby of Hudson Highland Group, Inc., +1-212-351-7216, Web site: http://www.hudson.com/

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