Level 3 Announces Refinancing of $815M Term Loan

Level 3 Communications (NYSE: LVLT ) today announced that its subsidiary, Level 3 Financing, Inc., has successfully completed the refinancing of its senior secured Tranche B 2019 Term Loan. The $815 million Tranche B-III 2019 Term Loan will bear interest at LIBOR plus 3.00 percent, with a minimum LIBOR