Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

Metromedia Fiber Wins $235 Million of Vendor Financing

Facebook Twitter LinkedIn Email Comments
NEW YORK, Sept. 4 -- Metromedia Fiber Network Inc has executed a commitment letter for $235 million of vendor financing. The expiration date of the commitment letter is September 4, 2001. The vendor financing commitment is subject to conditions including (1) the closing of the $150 million note facility led by Citicorp, USA, (2) commitments from other sources in the amount of $230 million ($180 million of which has been committed to by affiliates of the company), and (3) obtaining the requisite consents from holders of the company's 10 percent senior notes due 2008 and 2009 pertaining to the company's previously announced consent solicitation.

Photonics.com
Sep 2001
fiber opticsNews & Features

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.