Bloomberg: Cablevision Said to Seek $1.9B Loan to Repay Debt
Bloomberg reported, citing a person with knowledge of the deal, that Cablevision Systems, a telecommunications and entertainment provider, is seeking a $1.9 billion term loan. According to Bloomberg, the financing, led by Bank of America, will repay debt.
The article said, according to Bloomberg data, that the company has about $4.6 billion outstanding in loans maturing between 2015 and 2017.
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