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Prospect News home > News index > List of issuers A > Headlines for Alaska Communications Systems Group Inc. > News item
Published on 11/10/2015 in the Prospect News Bank Loan Daily.

Alaska Communications closes $25 million second-lien term loan

By Wendy Van Sickle

Columbus, Ohio, Nov. 10 – Alaska Communications closed a $25 million second-lien term loan provided by Crystal Financial SBIC and Crystal Financial LLC, according to a Tuesday press release.

Proceeds were used to refinance an existing facility with an upcoming maturity in 2016 and to provide liquidity for general corporate purposes.

Alaska Communications is an Anchorage-based provider of broadband and other wireline and wireless services.


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