Wireless Companies Bump Up Against Covenants

McCall, Margo
October 2002
Wireless Week;10/28/2002, Vol. 8 Issue 39, p12
Trade Publication
Reports that most wireless communication companies in the U.S. are in jeopardy for violating covenants on credit arrangements. Challenges facing telecommunication carriers; Companies that have amended their covenants on credit arrangements; Credit ratings of national carriers.


Related Articles

  • Telcos fill war chests.  // MEED: Middle East Economic Digest;6/9/2006, Vol. 50 Issue 23, p33 

    The article reports that Emirates Telecommunications Corp. (Etisalat) has mandated a group of banks to arrange a $3,000 million revolving line of credit to fund future expansion. Barclays Bank, Citigroup, Deutsche Bank and HSBC will equally underwrite the Etisalat funding, which will have a...

  • Hard Lessons Learned from Catering to One Industry. Daks, Martin C. // njbiz;7/18/2005, Vol. 18 Issue 29, p15 

    Discusses the financial difficulties faced by the credit union United Teletech Financial after the decline of the U.S. telecommunications industry around 2000 and 2001. Assets and net income of the credit union in 1999 and 2004; Outcome of the decision of United Teletech to limit its services...

  • Charter Surfaces With Jumbo Refi Plan To Consolidate Debt. J.M. // Bank Loan Report;4/5/2004, Vol. 19 Issue 14, p2 

    Reporter that Charter Communications has announced a course of action to refinance its subsidiaries' large bank debt pile. Plan of its indirect subsidiary, Charter Communications Operating, to amend and expand its $5.1 billion in credit facilities to $6.5 billion; Additional plan to offer $1.5...

  • Zayo Allocates $400M Add-On Loan. Fest, Glen // High Yield Report;1/13/2016, p1 

    Telecom infrastructure firm Zayo Group Holdings completed and allocated a $400 million term loan B-2 offering at par

  • Chain reaction. Cicutti, Nic // Money Marketing;4/17/2008, p41 

    The article presents various reactions on the letter from Premier Mortgage Services LLC to the lenders' credit crunch. A broker believes that some lenders use credit crunch and impose unnecessary restrictions for a period of unreasonable profit. Moreover, the action of some lenders to increase...

  • Closed Loans.  // Bank Loan Report;6/25/2001, Vol. 16 Issue 25, p4 

    Presents a chart showing the details of loans closed from June 11 to June 19, 2001. Loan amount; Type of loan; Maturity.

  • TERM SHEETS.  // Bank Loan Report;6/25/2001, Vol. 16 Issue 25, p5 

    Presents information on loan terms completed as of June 25, 2001. Package amount; Documentation agent; Purpose; Ratings.

  • Maturing 364-Day Revolvers.  // Bank Loan Report;6/25/2001, Vol. 16 Issue 25, p10 

    Presents a chart showing information on maturing 364-day revolving loans scheduled from July 21 to August 2001. Bookrunners; Borrower; Loan amount; Type of loan; Use of proceeds; Maturity.

  • Closed Loans.  // Bank Loan Report;11/12/2001, Vol. 16 Issue 43, p4 

    Presents a chart showing details of loans closed from October 31 to November 7, 2001. Loan amount; Borrower; Type of loan; Maturity date.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics