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Prospect News home > News index > List of issuers I > Headlines for ITC^DeltaCom, Inc. > News item
Published on 2/1/2010 in the Prospect News Bank Loan Daily.

ITC^DeltaCom to repay all bank borrowings using notes proceeds

By Sara Rosenberg

New York, Feb. 1 - ITC^DeltaCom Inc. plans to repay all of the outstanding debt under its senior secured credit facility using proceeds from a $325 million senior secured notes offering, according to a news release.

Remaining proceeds from the notes will be used for general corporate purposes.

ITC^DeltaCom is a Huntsville, Ala.-based provider of integrated telecommunications and technology services.


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