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Consolidated Communications completes major refi, eyes acquisitions

Connectivity BusinessbyConnectivity Business
October 6, 2016
in Financing, Investments, Space Services
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US broadband and business communications provider Consolidated Communications has issued US$900m in incremental term loans and a US$110m revolving credit facility as part of a debt refinancing which it says gives it more flexibility for acquisitions. Wells Fargo analyst Jennifer Fritzsche said in a recent note that she has a “strong sense Consolidated Communications is sharpening its […]

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Tags: Consolidated CommunicationsMizuhoMorgan StanleyNorth AmericaPremiumTD SecuritiesTF249Wells Fargo
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