MDC Partners completes $225 million amended and restated revolver

By Sara Rosenberg

New York, March 20 - MDC Partners Inc. closed on a $225 million five-year amended and restated revolving credit facility on Wednesday, according to a news release.

The company also completed its $550 million 6¾% senior notes offering.

Proceeds form the notes were used to redeem $425 million of 11% senior notes due 2016 and are available for general corporate purposes, including funding of deferred acquisition consideration.

MDC is a Toronto-based marketing communications services company.

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