Cequel Communications seeks amendment to existing credit facility

By Paul A. Harris

Portland, Ore., April 2 - Cequel Communications, LLC announced in a Tuesday press release that it is seeking to amend its existing $2.7 billion credit facility to lower the term loan spread and its Libor floor by 25 basis points each.

Credit Suisse is leading the deal, which launches on Wednesday.

Cequel is St. Louis-based cable operator.

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