GCI Holdings gets $75 million amended and restated credit facility

By Sara Rosenberg

New York, Feb. 3 - GCI Holdings Inc. closed on a $75 million amended and restated revolving credit facility due Jan. 29, 2015, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.

Calyon acted as the lead arranger, bookrunner and administrative agent on the deal that was completed on Jan. 29.

Initial pricing on the revolver is Libor plus 400 basis points. Pricing can range from Libor plus 250 bps to 400 bps based on leverage.

GCI is an Anchorage, Alaska-based provider of a range of communications services.

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