News Breaks |
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| December 6, 2012 |
| 18:54 EDT |  | JRN | Journal Communications amends and restates credit facility through 2017
Journal Communications announced that it has successfully amended and restated its credit facility. The agreement provides for a revolving credit facility with aggregate commitments of $200M and a term loan facility with aggregate commitments of $150M. The term loan facility amortizes at 10% per annum payable quarterly with the balance due at maturity. Both facilities mature on December 5, 2017. |
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