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FirstLight plans $300 million credit facilities via TD and Citizens
By Sara Rosenberg
New York, July 25 – FirstLight Fiber is getting $300 million of credit facilities, split between a $25 million revolver and a $275 million term loan B, according to a market source.
TD Securities (USA) and Citizens Bank are the joint lead arrangers on the debt.
Proceeds will be used to refinance existing debt and to fund acquisition activity.
FirstLight Fiber is an Albany, N.Y.-based fiber-optic bandwidth infrastructure services provider.
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