An ominous sign for Borders (BGP) shareholders, as the company delays payments to some vendors...

|About: Borders Group, Inc. (BGPIQ)|By:, SA News Editor

An ominous sign for Borders (BGP) shareholders, as the company delays payments to some vendors while it works to refinance senior credit facilities. Borders says there's no guarantee the financing will come through and it may violate the terms of its debt as soon as Q1 2011. Shares fell 13% in AH trading.