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Technology Stocks : XO Holdings, Inc. (XOHO - XO Communications)

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To: tech101 who wrote (536)4/10/2010 9:59:22 PM
From: tech101   of 615
 
Integra Raising $770M

April 9th, 2010 by Rob Powell

According to an announcement on Wednesday that slipped past my nets, Integra Telecom is planning a major refinancing. They hope to raise $770M, which will be made up of $210M in term loans, a $60M revolving credit facility, and $500M in senior secured notes. They will use the money to refinance their existing debt, and then for that ever present need of ‘general corporate purposes’. More:

telecomramblings.com
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