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DigitalGlobe to refinance loan, retire GeoEye's 9 5/8%, 8 5/8% notes
By Susanna Moon
Chicago, Jan. 22 - DigitalGlobe, Inc. said it plans to refinance its credit facility and retire some notes using proceeds from a $500 million issue of senior notes related to the merger with GeoEye, Inc.
The company plans to retire GeoEye's outstanding 9 5/8% senior secured notes due 2015 and 8 5/8% senior secured notes due 2016, according to a company press release.
DigitalGlobe is a Longmont, Colo.-based provider of commercial high-resolution earth imagery products and services.
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