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PORTLAND, OR--(Marketwire - February 25, 2013) - Integra Telecom Inc., a provider of fiber-based, enterprise-grade networking, communications and technology solutions, has closed its new $845 million senior secured credit facilities. The credit facilities include a $60 million revolving credit facility (undrawn at closing), a $585 million first lien term loan due 2019 and a $200 million second lien term loan due 2020. The net proceeds from the new credit facilities were used to refinance Integra's previously outstanding term loan and bonds, including the redemption and tender premiums thereon, and for general corporate purposes. |