Cincinnati Bell seeks USD400m amendment to loan facility

Cincinnati Bell Inc. (NYSE: CBB) said it will seek to amend its existing bank credit agreement to incorporate a new USD400m Term Loan B Facility due 2020 and effect other modifications.

The net proceeds from the facility, anticipated to be approximately USD390m, are intended to be used to repay a portion of the company´s 8.25% senior notes due 2017, and for other general corporate purposes.

With headquarters in Cincinnati, Ohio, Cincinnati Bell provides integrated communications solutions – including local and long distance voice, data, high-speed Internet, entertainment and wireless services. For more information, visit www.cincinnatibell.com.

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