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$HST entered into a $500MM term loan on Sept. 10, 2015, by exercising the accordion feature of its existing credit facility and drew $300MM on the 2015 Term Loan Facility. In Sept. 2020 the 2015 Term Loan Facility matures and has a floating interest rate of LIBOR plus a margin ranging from 90-175 BP.
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.