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Published on 7/30/2012 in the Prospect News Bank Loan Daily.

Sykes to draw from credit facility for $150 million Alpine purchase

By Toni Weeks

San Diego, July 30 - Sykes Enterprises, Inc. said it will draw from its existing credit facility and use cash on hand to fund the $150 million cash purchase price for the acquisition of Alpine Access, Inc.

The acquisition is expected to close at the end of the third quarter.

Sykes is a Tampa, Fla.-based provider of outsourced customer contact management services for businesses.


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