Posts tagged as:

term loan

Level 3 Q2 2009 results

July 30, 2009 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. (NASDAQ: LVLT) reported consolidated revenue of $942 million for the second quarter 2009, compared to consolidated revenue of $1.09 billion for the second quarter 2008. The net loss for the second quarter 2009 was $134 million, or ($0.08) per share, compared to a net loss of $42 million, or ($0.03) per [...]

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PAETEC Closes $350 Million Senior Secured Notes Offering

June 30, 2009 Paetec News (NASDAQ GS: PAET)

PAETEC Holding Corp. (NASDAQ GS: PAET) has closed its previously announced senior secured notes offering. The Company issued senior secured notes in an aggregate principal amount of $350 million in a private offering to institutional investors. The senior secured notes have a fixed interest rate of 8 7/8% and mature in 2017. “We were pleased [...]

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$60 Million Tranche B Term Loan Add On

May 5, 2009 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. announced that its wholly owned subsidiary, Level 3 Financing, Inc., has received commitments from lenders to further increase by $60 million the borrowings under the recently completed $220 million Tranche B Term Loan. Level 3 Financing will amend its existing senior secured credit facility to increase the Tranche B Term Loan [...]

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Level 3 Tranche B Term Loan secured

Thumbnail image for Level 3 Tranche B Term Loan secured April 16, 2009 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. today announced that its wholly owned subsidiary, Level 3 Financing, Inc. has closed its $220 million senior secured Tranche B Term Loan announced on April 6. Net proceeds were approximately $214 million. Level 3 Financing, Inc. amended and restated its existing senior secured credit facility to include this new tranche and [...]

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Level 3 $220 Million Tranche B Term Loan

April 6, 2009 Level 3 News (Nasdaq: LVLT)
Thumbnail image for Level 3 $220 Million Tranche B Term Loan

Level 3 Communications, Inc. ( LVLT ) today announced that its wholly owned subsidiary, Level 3 Financing, Inc., has received commitments from lenders to increase the borrowings under its existing $1.4 billion senior secured credit facility through the creation of a $220 million Tranche B Term Loan. Get the latest Telecom News at http://vartips.com

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