infoUSA amends loan, increasing term loan B by $75 million

By Sara Rosenberg

New York, March 21 - infoUSA Inc. amended its senior secured credit facility, increasing the term loan B by $75 million, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

Proceeds from the incremental term loan B debt were used to reduce amounts outstanding under the company's revolving credit facility.

In connection with this transaction, the $75 million accordion feature under the revolver was eliminated.

The amendment was completed on March 16.

Wells Fargo is the administrative agent on the deal.

infoUSA is an Omaha, Neb.-based provider of business and consumer information products, database marketing services, data processing services and sales and marketing products.

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