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ViaWest readies launch of $450 million credit facility for Thursday
By Sara Rosenberg
New York, March 11 – ViaWest is scheduled to hold a bank meeting at 10 a.m. ET on Thursday to launch a $450 million senior secured credit facility, according to a market source.
TD Securities (USA) LLC and RBC Capital Markets are the lead banks on the deal.
The facility consists of a $75 million five-year revolver and a $375 million seven-year term loan B, the source said.
Proceeds will be used to refinance existing debt.
ViaWest is a Greenwood Village, Colo.-based IT Infrastructure solutions company.
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