Charter Communications (CHRT), The Next MCI?? Message Board

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Technology Stocks : Charter Communications (CHRT), The Next MCI??

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To: Jimi Plym who wrote (44)	1/28/1997 10:45:00 AM
From: esecurities(tm)	of 49

January 8-9th 50% and 100% moves? techstocks.com NEW YORK, Jan 8 (LPC) - Toronto-Dominion <TD.TO> and Credit Lyonnais <CRLPi.PA> are syndicating a $365 million loan for Charter Communications International Inc's <CHTD.OB> acquisition of cable properties in North and South Carolina, according to banking sources. The credit facility, which refinances a $205 million deal put in place by the banks last March, is split between a $190 million revolving portion and a $100 million term loan, both of which run 8.5 years, lenders said. Additionally, a $75 million, nine-year term loan is offered to banks and institutional investors, lenders said. The deal being refinanced was split between a $165 million, eight-year revolver and a $40 million, 8.5-year term loan, a banker said. Pricing on the new loan is lower than that on the earlier loan, the banker added. 14:09 01-08-97

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