Cincinnati Bell to repay $148.5 million on term facility via new notes

By Tali Rackner

Norfolk, Va., Dec. 15 – Cincinnati Bell Inc. plans to repay $148.5 million of its senior secured tranche B term loan facility with the proceeds from a $150 million 7% add-on senior note offering, according to an 8-K filing with the Securities and Exchange Commission.

Cincinnati Bell is a Cincinnati-based owner, operator and developer of enterprise-class, carrier-neutral data center properties.

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