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[Mastermind Forums] Vonage Secures Refinancing Package (VG): (NYSE: VG) has reported that the independent VoIP telecom leader has signed a definitive agreements to refinance its convertible debt, a move which will help to secure its future. The financing package consists of a $130.3 million senior secured first lien credit facility, a $72.0 million senior secured second lien credit facility, and the sale of $18.0 million of senior secured third lien convertible notes.
[mybloglog - vonage : Topic] dal posted a blog entry: Vonage Holdings Corp. has signed a definitive agreements to refinance its convertible debt, a move which will help to secure...
[BARRONS.com: Tech Trader Daily - Barron's Online] Vonage Finally Announces Debt Refinance; Shares Fall: In order to repurchase up to $253.5 million of Vonage’s outstanding in convertible debt, the company has agreed to a $130.3 million senior secured first lien credit facility, a $72.0 million senior secured second lien credit facility, .
[Economy-Finance] UPDATE 1-Vonage finalizes key debt refinancing deal: Proceeds will be used to help refinance $253 million ofdebt. “We are pleased to reach definitive agreement on thisrefinancing at a time of unprecedented volatility in the creditmarkets,” said John Rego, Vonage’s chief financial officer.
[Voip Blog] Vonage Secures Refinancing Package to Continue Operations: has signed a definitive agreements to refinance its convertible debt, a move which will help to secure its future. The financing package consists of a $130.3 million senior secured first lien credit facility, a $72.0 million senior secured second lien credit facility, and the sale of $18.0 million of senior secured third lien convertible notes.
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