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WideOpenWest credit amendment would make way for new senior notes
By Paul A. Harris and Sara Rosenberg
Portland, Ore., May 6 – WideOpenWest Finance LLC is seeking a credit amendment that would clear the way for it to issue new senior notes, according to a market source.
The amendment would also make lender-friendly changes to the existing credit agreement, the source added.
In addition to the amendment, the Denver-based telecommunications company plans to launch a $1,411,000,000 repricing of its term loan on an investor call scheduled for Thursday.
The term loan repricing is being managed by Credit Suisse Securities (USA) LLC.
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