secwatch.observer — SEC 8-K summary
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Issuer:     CINCINNATI BELL INC (—)
CIK:        0000716133
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000950157-23-000450
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cincinnati Bell adds $200M term loan to repay revolver and 7.25% notes due 2023
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- Incremental Amendment to Credit Agreement creates $200M Term B-3 Loans.
- Proceeds used to repay outstanding revolver borrowings and the 7.25% Notes due 2023.
- Term B-3 Loans mature November 2028, interest at Base Rate+3.00% or Term SOFR+4.00%.
- All other terms, conditions, and covenants of the existing Credit Agreement unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716133/000095015723000450/0000950157-23-000450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716133/000095015723000450/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-23-000450

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