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    Friday, November 2, 2007

    Clearwire Expands Bank Facility By $250M


    Kirkland-based WiFi provider Clearwire said Friday afternoon that it has increased its secured term loan by $250M, to $1.25 billion. The firm said the increase in funding will go to support its expansion plans, spectrum acquisitions, and for general corporate purposes. The firm had closed its initial $1B in term loan financing in August; according to Clearwire, Morgan Stanley and Wachovia acted as Joint-Lead Arrangers and Joint Bookrunners for the transaction.
    posted on Friday, November 2, 2007


    Related companies:
    Clearwire

    Related stories:
    > Clearwire Expands Into Charlotte, N.C.
    > Clearwire Grabs $1B in Loan Financing
    > Clearwire Yanks IPO
    > Clearwire Expands Service In Belgium
    > Mentor Graphics Gets $140 In Credit Facility
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