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Published on 4/10/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Cequel intends to redeem portion of 5/8% notes via increased facility

By Tali David

Minneapolis, April 10 - Cequel Communications, LLC plans to distribute the proceeds from an increased term loan facility to Cequel Communications Holdings I, LLC, which will use the proceeds to repurchase a portion of its outstanding 8 5/8% senior notes due 2017, according to a press release.

Cequel Communications Holdings I is Cequel's indirect parent.

Cequel is a St. Louis-based cable operator.


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