ALLO Communications gets new credit facilities for recapitalization

By Sara Rosenberg

New York, Jan. 28 – ALLO Communications closed on new senior secured credit facilities to support its recapitalization in partnership with SDC Capital Partners, according to a market source.

TD Securities (USA) LLC, Guggenheim Credit Services, CIT Bank, Citizens Bank, ING Capital and Sunflower Bank acted as the lead arrangers on the deal. TD is the administrative agent.

ALLO Communications is an Imperial, Neb.-based provider of fiber-to-the-premise services, including internet, voice and video.

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