United Online's FTD Subsidiary Refinances Senior Secured Credit Facilities

By: Benzinga
-$350 million Senior Secured Revolving Credit Facility -$220 million Drawn Down at Closing -Annual Cash Interest Expense Reduction Estimated to be Approximately $7 million, -Based on Current LIBOR Rates United Online (Nasdaq: UNTD ), a leading provider of consumer products and services over the Internet, today announced that its
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