Wideopenwest ( (WOW) ) has shared an update.
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WideOpenWest, Inc. has entered into a new superpriority credit agreement that includes a $200 million term loan and additional financial facilities aimed at refinancing and enhancing their financial structure. This agreement allows existing lenders to exchange their term loans, potentially increasing the First Out TL to $306.5 million. The company emphasizes the use of non-GAAP measures like Adjusted EBITDA to provide clearer insights into their financial performance, though they caution against relying on forward-looking statements due to inherent uncertainties.
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