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BRIEF-Windstream says lenders to provide up to $600 mln principal amount of incremental term loans-SEC filing
November 28, 2016 / 10:26 PM / 10 months ago

BRIEF-Windstream says lenders to provide up to $600 mln principal amount of incremental term loans-SEC filing

Nov 28 (Reuters) - Windstream Holdings Inc :

* Windstream -Lenders to provide up to $600 million principal amount of incremental term loans under unit’s existing senior secured credit facilities

* Windstream Holdings Inc- Incremental loans are expected to be issued at a price of 99.0% of principal amount of loan -SEC filing

* Windstream Holdings Inc- Of total $600 million principal amount, $150 million of incremental loans are expected to be funded in early december

* Windstream Holdings-Proceeds expected to pay down amounts outstanding under revolving line of credit under unit’s existing credit facilities

* Windstream Holdings Inc- Proceeds of loans also to pay fees and expenses related to merger with Earthlink Holdings Corp Source text for Eikon: Further company coverage:

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