Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Consolidated Communications Holdings, Inc. incurred term loan of $80.0 million with Searchlight CVL AGG, L.P. at 12.0% per annum maturing April 2, 2027.
- Instrument
- term loan
- Principal
- $80.0 million
- Counterparty
- Searchlight CVL AGG, L.P.
- Rate
- 12.0% per annum
- Maturity
- April 2, 2027
- Event
- incurrence
Exact text from the filing
On March 21, 2024, Consolidated Communications Holdings, Inc. (the “Company”), its wholly owned subsidiary, Consolidated Communications, Inc. (“CCI”), as borrower, certain other wholly owned subsidiaries of CCI, as guarantors (the “Guarantors”), and Searchlight CVL AGG, L.P., as lender (the “Lender”) entered into that certain Term Loan Agreement (the “Term Loan Agreement”), which consists of delayed draw term loans in the aggregate amount of $80.0 million (the “Loan”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Consolidated Communications Holdings, Inc. entered into Term Loan Agreement with Searchlight CVL AGG, L.P. valued at aggregate amount of $80.0 million (effective 2024-03-21).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Searchlight CVL AGG, L.P.
- Value
- aggregate amount of $80.0 million
- Effective
- 2024-03-21
Exact text from the filing
On March 21, 2024, Consolidated Communications Holdings, Inc. (the “Company”), its wholly owned subsidiary, Consolidated Communications, Inc. (“CCI”), as borrower, certain other wholly owned subsidiaries of CCI, as guarantors (the “Guarantors”), and Searchlight CVL AGG, L.P., as lender (the “Lender”) entered into that certain Term Loan Agreement (the “Term Loan Agreement”), which consists of delayed draw term loans in the aggregate amount of $80.0 million (the “Loan”).
View on SEC.gov