Alaska Communications.
| Author | Slaten, Russ |
| Position | INSIDE ALASKA BUSINESS |
Alaska Communications closed the refinancing of its existing senior term loan on September 14 and entered into $100 million of senior secured financing, including a $10 million revolving loan. Alaska Communications used proceeds to pay off its outstanding $80 million term loan, fund fees, and expenses associated with the refinancing and for corporate purposes. CoBank and ING Capital LLC served as the lead arrangers on the financing.
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