trending Market Intelligence /marketintelligence/en/news-insights/trending/kxedqmbk0n-fhuy3hcx8wq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Windstream upsizes term loans

IoT and AI Aid Critical Event Management to Battle COVID-19, but Deployment could Raise Privacy Concerns

Video

The Global Impact of COVID-19

Australia And New Zealand Telcos Launch Special Packs Amidst COVID-19 Outbreak

COVID-19: The 451 Research Take


Windstream upsizes term loans

WindstreamHoldings Inc. completed the redemption of all of its outstanding 7.875% senior notesdue 2017 and amended its existing senior secured credit agreement.

Pursuant to the amendment, Windstream upsized the principalamount of its existing tranche B-6 term loans to $747 million from about $597million and decreased the interest rate by 100 basis points to LIBOR plus 4.00%per annum, according to a Sept. 30 news release.

The company used the proceeds from the increased $150million term loans, along with revolver borrowings, to retire the remaining$369 million of the 2017 notes.