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Western Wireless completes refinancing

BELLEVUE, Wash.-Western Wireless Corp. reported late last week it had completed refinancing its $1.5 billion senior secured credit facility, which included a $225 million, six-year term loan A and a $975 million, seven-year term loan B, both fully drawn at closing, and a $300 million, six-year revolving credit facility.

Proceeds from the facility were used to repay the existing credit facility, pay fees and expenses related to the new facility and for general working capital.

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