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During 4Q15, $CCI completed a new $5.5Bil senior unsecured credit facility consisting of $2.5Bil five-year senior unsecured revolving credit facility and a $2Bil senior unsecured term loan. The company plans to utilize the proceeds from the new facility to repay all outstanding borrowings under the existing senior secured credit facility.
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.