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CSG gets new $100 million revolver
By Sara Rosenberg
New York, Sept. 27 - CSG Systems International Inc. closed on a new $100 million five-year senior secured revolving credit facility, according to an 8-K filed with the Securities and Exchange Commission Monday.
Security for the facility is substantially all of the domestic tangible and intangible assets and the stock of some subsidiaries.
Borrowings are available for general corporate purposes. The facility was undrawn at the Sept. 22 closing.
CSG is an Englewood, Colo.-based company engaged in next-generation billing and customer care solutions for the cable television, direct broadcast satellite, advanced IP services, next generation mobile and fixed wireline markets.
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