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BRIEF-Consolidated Communications secures commitments for acquisition debt financing
December 21, 2016 / 11:14 PM / in 7 months

BRIEF-Consolidated Communications secures commitments for acquisition debt financing

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Dec 21 (Reuters) - Consolidated Communications Holdings Inc :

* Consolidated Communications Holdings Inc- secured a new incremental term loan facility for its pending acquisition of Fairpoint Communications Inc

* Consolidated Communications - incremental term loan facility provides that co may incur in single draw aggregate principal amount of up to $935 million

* Consolidated Communications Holdings Inc - new facility has an interest rate of libor plus 3.00 percent and greater of a 1.00 percent libor floor

* Consolidated Communications secures commitments for acquisition debt financing Source text for Eikon: Further company coverage:

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