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$CCI said the $1Bil 364-day credit facility and $2Bil Term Loan A were fully drawn at closing, and $855MM was drawn on the $2.5Bil revolver at closing. The new $5.5Bil Credit Facility bears interest at a per annum rate equal to LIBOR plus 1.125-2.000%.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.