Cablevision Seeks Extension of $3.4 Billion Term Loan - Bloomberg
May 13 2009 - 10:27PM
Dow Jones News
U.S. cable TV provider Cablevision Systems Corp. (CVC) is trying
to extend the maturity of a $3.4 billion term loan due in 2013,
Bloomberg News reported Wednesday, citing two unnamed people
familiar with the talks.
The company is asking lenders, led by Bank of America Corp.
(BAC) and JPMorgan Chase & Co. (JPM), to push back the maturity
to March 2016, the report cited the people as saying, adding that
they declined to be identified because the negotiations are
private.
Full story:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3G1FysKtTf0&refer=home