AOLE - What does AOLE stand for? The Free Dictionary
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45 billion to be paid in July) and the refinancing of the assumed AOLE debt and redeemable preferred securities, but does incorporate an analysis of AOLTW's off-balance sheet transactions and the fact that AOLTW's adoption of FAS 142 and resulting write-down of goodwill does not impact AOLTW's credit profile.
5 billion credit facility and $5 billion commercial paper (CP) program were used to initially finance the first part of the Bertelsmann transaction in January 2002 and the refinancing of the assumed AOLE debt and redeemable preferred securities.
While the revised 2002 estimate for EBITDA incorporates the expected EBITDA drain from AOLE
, the company's international expansion continues to be a significant strategic initiative, which was demonstrated by the IPC acquisition in 2001.