Diversified Telecommunication Services
Company Overview of TW Telecom Holdings Inc.
TW Telecom Holdings Inc. was formerly known as Time Warner Telecom Holdings Inc. TW Telecom Holdings Inc. is based in Littleton, Colorado. TW Telecom Holdings Inc. operates as a subsidiary of TW Telecom Inc.
10475 Park Meadows Drive
Littleton, CO 80124
Key Executives for TW Telecom Holdings Inc.
TW Telecom Holdings Inc. does not have any Key Executives recorded.
TW Telecom Holdings Inc. Key Developments
TW Telecom Holdings Inc. Executes Second Amended and Restated Credit Agreement
Apr 18 13
On April 17, 2013, TW Telecom Holdings Inc. executed a Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent and the lenders named therein that amends and restates its 2010 Credit Agreement. The Amendment and Restatement increases the approximately $462 million outstanding Term Loan B to $520 million and extends the final maturity date to April 17, 2020. Holdings’ original $80 million undrawn Revolving Credit Facility was increased to $100 million with a new maturity date of April 17, 2018 and remains undrawn. Interest on the Term Loan is computed based on a specified Eurodollar rate plus 2.50% and will be reset periodically and payable quarterly. Interest on outstanding amounts of the Revolver, if any, will be computed based on a specified Eurodollar rate plus 1.75% and will be reset periodically and payable at least quarterly. The Term Loan and Revolver are secured by a first priority security interest in substantially all of the assets of Holdings, the company and its subsidiaries and guaranteed by the company and its subsidiaries.
TW Telecom Holdings Inc. to Pursue Debt Refinancing Up to $570 Million of its Senior Secured Credit Facilities
Mar 26 13
TW Telecom Inc. announced that its subsidiary, TW Telecom Holdings Inc. is pursuing a debt refinancing with the objective of extending maturities and lowering debt costs. The potential financing is expected to consist of up to $570 million of its senior secured credit facilities, including a revolving credit facility of up to $100 million and a $470 million term loan. The company intends to use the proceeds to refinance its $463 million term loan and intends to replace its undrawn $80 million revolving credit facility. The potential financing is subject to market conditions.
TW Telecom Holdings Inc. Announces an Exchange Offer Up to $480 Million of 5.375% Senior Notes Due 2022
Dec 10 12
TW Telecom Holdings Inc. is offering to exchange up to $480 million of 5.375% senior notes due 2022 for a like principal amount of new notes. The expiration date for the exchange offer, which is expected to close in 2013. Tenders of old notes may be withdrawn at any time prior to 5 p.m. ET on the expiration date of the exchange offer. The company will not receive any cash proceeds from the exchange offer. Wells Fargo Bank NA is serving as exchange agent in connection with the exchange offer.
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