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WOW! Announces Commitments for $2.28 Billion of New Term Loans

WideOpenWest, Inc. (“WOW!” or the “Company”) (NYSE: WOW) announced today that WideOpenWest Finance, LLC (“WOW! Finance”), a subsidiary of the Company, has received commitments of $ 2.28 billion for new term B loans. JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc. are expected to act as lead arrangers and lead bookrunners. The Company expects the new term B loan transaction to close in mid-July 2017, subject to the satisfaction of customary conditions. The new term B loans are expected to mature in August 2023, subject to certain exceptions, and to bear interest, at the Company’s option, at a rate equal to LIBOR + 325bps. Click here for more.


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