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Prospect News home > News index > List of issuers M > Headlines for MetroNet > News item
Published on 8/21/2020 in the Prospect News CLO Daily and Prospect News High Yield Daily.

MetroNet to launch $100 million incremental term loan B on Monday

By Sara Rosenberg

New York, Aug. 21 – MetroNet is scheduled to hold a lender call at 10 a.m. ET on Monday to launch a $100 million incremental term loan B, according to a market source.

TD Securities (USA) LLC, Citizens Bank, CoBank and Fifth Third are the joint lead arrangers on the deal, with TD the left lead.

Proceeds will be used for general corporate purposes.

MetroNet is an Evansville, Ind.-based provider of high-speed broadband, video and voice services over a fiber-to-the-premises network.


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