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Prospect News home > News index > List of issuers Tenders > Headlines for 2013 > News item
Published on 2/19/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

EarthLink to repay outstanding ITC^DeltaCom 10½% notes via facility

By Tali David

Minneapolis, Feb. 19 - EarthLink, Inc. plans to repay subsidiary ITC^DeltaCom, Inc.'s outstanding 10½% senior secured notes due 2016 with the proceeds of its new credit facility and existing cash, according to a news release.

It will also replace its existing $150 million revolver and pay related fees and expenses.

EarthLink is an Atlanta-based internet access and communications services provider.


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