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Stream Global Services announces $200 million five-year note offering
By Paul A. Harris
St. Louis, Sept. 21 - Stream Global Services, Inc. announced in a Monday press release that it plans to sell $200 million of five-year senior secured notes.
The Rule 144A and Regulation S note offering is contingent upon the closing of Stream's combination with eTelecare Global Solutions, Inc. and Stream's new asset-based revolving credit facility.
Proceeds will be used to refinance debt of Stream and eTelecare and for general corporate purposes.
Stream is a Boston-based business-to-business software services provider.
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