Knology gets $59 million incremental term loan

By Sara Rosenberg

New York, Jan. 4 - Knology Inc. closed on a $59 million incremental term loan that was used to help fund its acquisition of Graceba Total Communications, Inc., according to a news release.

The term loan is priced at Libor plus 275 basis points and is due on June 30, 2012.

Knology is a West Point, Ga.-based provider of interactive communications and entertainment services.

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