CoBank Agents U.S. Cellular $225MM Term Loan
United States Cellular secured a seven-year bank term loan with CoBank and other farm credit system lenders for up to $225 million. CoBank served as lead arranger, administrative agent and bookrunner.
The company expects to use the borrowings for general corporate purposes, including potential spectrum purchases and capital expenditures.
United States Cellular provides a comprehensive range of wireless products and services.