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The financing was structured as a 10-year term loan, with 25-year amortization, 74% LTV and a 1. Fitch expects DaVita to use the proceeds from the issuance to reduce amounts outstanding under the Term Loan portion of its senior secured credit facility. Atlantic Broadband Finance, LLC, a wholly-owned subsidiary of Atlantic Broadband Group, LLC, today announced that it intends to increase its outstanding Term Loan B Senior Credit borrowings by $110 million and to reprice downward its existing Term Loan B. |
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