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Prospect News home > News index > List of issuers H > Headlines for Houston Wire & Cable Co. > News item
Published on 3/24/2006 in the Prospect News Bank Loan Daily.

Houston Wire & Cable to repay some bank debt with IPO proceeds

By Sara Rosenberg

New York, March 24 - Houston Wire & Cable Co. plans to repay some if its term loan A, term loan B and revolving credit facility debt using proceeds from a proposed initial public offering, according to an S-1 filed with the Securities and Exchange Commission Friday.

The credit facility consists of a $4.5 million term loan A, a $10 million term loan B and a $55 million revolver.

Houston Wire & Cable is a Houston-based distributor of specialty wire and cable.


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