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Alaska Communications Closes New $100 Million Senior Credit Facility

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ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications (NASDAQ:ALSK) closed the refinancing of its existing senior term loan on Sept. 14, 2015. Alaska Communications entered into $100 million of senior secured financing, including a $10 million revolving loan. Alaska Communications used proceeds to pay off its outstanding $80 million term loan, fund fees and expenses associated with the refinancing, and for corporate purposes. “We have taken full advantage of a suitable financing window in t

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