Sunday, June 3, 2007

Global Crossing Closes $350 Million Loan

Global Crossing amended its five-year, senior secured term loan facility to increase the amount of the term loan facility from $250 million to $350 million, yielding total net cash proceeds estimated at $337 million after payment of fees and expenses. Goldman Sachs and Credit Suisse served as joint book runners.

http://www.globalcrossing.com/

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