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Vonage ( News - Alert ) today announced an agreement for a $220.3 million financing which is seen by many experts as crucial to its survival. Silver Point Finance LLC, which already holds a $216 million financing stake in Vonage, will lead the financial deal, which consists of $130.3 million in senior secured first-lien credit, $72.0 million in senior secured second-lien credit and the sale of $18.0 million of convertible secured third-lien notes. read more »
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Remember the old joke: I have good newsэand bad news. Which do you want to hear first? Whether or not the answer is funny really depends on where you are in the marketplace. read more »
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HomeFederal DriveDaily DebriefMike CauseyMike's Federal Report Your Turn with Mike CauseyOpen Season ReportFor Your BenefitNewsstandOnly on WFEDGovernmentU.S. read more »
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