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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 High Yield Daily.

ITC^DeltaCom plans to sell $325 million senior secured notes due 2016

By Paul A. Harris

St. Louis, Feb. 1 - ITC^DeltaCom announced in a Monday press release that it intends to place $325 million of senior secured notes due 2016.

Proceeds from the Rule 144A and Regulation S deal will be used to repay bank debt and for general corporate purposes.

The company is a Huntsville, Ala.-based voice, data and internet services provider.


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