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WideOpenWest $120 million term B add-on to launch Thursday
By Sara Rosenberg
New York, Oct. 3 - WideOpenWest Holdings LLC is scheduled to launch a $120 million first-lien term loan B add-on (B) this Thursday, according to a market source.
Credit Suisse and Wachovia are joint leads on the deal.
The add-on is being talked at Libor plus 225 basis points, in-line with existing term loan B pricing, the source said.
Proceeds will be used to fund the acquisition of Sigecom LLC.
WideOpenWest is an Englewood, Colo., provider of cable television, high-speed internet and telephone services.
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