Trilogy $590 million credit facility to launch Thursday

By Sara Rosenberg

New York, June 5 - Trilogy is scheduled to hold a bank meeting on Thursday to launch its proposed $590 million credit facility, according to a market source.

Goldman Sachs is the lead bank on the deal.

The facility consists of a $30 million revolver, a $400 million first-lien term loan and a $160 million second-lien term loan, the source said.

Trilogy is a competitive local exchange carrier.

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