Navigation Links
Language Line, LLC and Coto Acquisition LLC Enter into Senior Secured Credit Agreement
Date:11/4/2009

MONTEREY, Calif., Nov. 4 /PRNewswire/ -- Language Line, LLC and Coto Acquisition LLC (the "Borrowers") entered into a Senior Secured Credit Agreement (the "Agreement") among the Borrowers, Language Line Holdings LLC ("Holdings"), the subsidiary guarantors party thereto, the lenders party thereto, Bank of America, N.A. as administrative agent, Morgan Stanley Senior Funding, Inc. as documentation agent, and Credit Suisse Securities (USA) LLC as syndication agent.

The Agreement allows for the repayment or redemption of Language Line Inc.'s Credit Agreement dated June 11, 2004 as amended and restated on November 14, 2006, Language Line Inc.'s Senior Subordinated Notes due 2012, Language Line Holdings, Inc. Senior Discount Notes due 2013, Language Line Limited Services UK II Limited Senior Credit Facility, Language Line Limited Services II Mezzanine Facility, Coto Holdings LLC Credit Agreement dated January 10, 2008, and Coto Holdings LLC issued and outstanding Preferred Stock.

Under the Agreement, the lenders have extended credit to the Borrowers in the form of Term Loans in the initial aggregate amount of $525,000,000 and Revolving Credit Commitments in an initial aggregate amount of $50,000,000.

    Contact:

    Michael Schmidt
    mschmidt@languageline.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Language Line, LLC


'/>"/>
SOURCE Language Line, LLC
Copyright©2009 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Parkland Health & Hospital System Expands Language Access with Language Line(R) Phones in Every Patient Room
2. Brain Yields Up Clues to Language
3. TCS Associates: A Sign Language Interpreting Agency Launches New Video Remote Interpreting (VRI) Service called TCSterps On-Demand
4. Free Spanish-Language Online Video Teaches Hands-Only(TM) CPR
5. TOMORROW: Lets Get It Done: Organizing for America to Host Spanish-Language Forum on Health Insurance Reform Now in Tucson with Rep. Raul Grijalva
6. PRC Launches New Web Resource for Teaching Language to Children & Adults with Speech Disabilities
7. Developmental language disorders at preschool age: no proof of benefit from screening
8. Autism May Hinder Ability to Read Body Language
9. Looking at language
10. Language Line Services Honored by Nebraska Association for Translators & Interpreters (NATI)
11. New Spanish-Language Consumer Guides Compare Treatments for Depression, Prostate Cancer and Other Conditions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The ... the most popular and least understood books in the Holy Scriptures, Revelation. The Book ... have baffled scholars for centuries. Many have tossed it off as mere rubbish, but ...
(Date:10/13/2017)... , ... October 13, 2017 , ... “America On The ... identity. “America On The Brink” is the creation of published author, William Nowers. ... great-grandchildren. As a WWII veteran, he spent thirty years in the Navy. ...
(Date:10/12/2017)... ... 2017 , ... The company has developed a suite of ... authorities worldwide. From Children’s to Adults 50+, every formula has been developed by ... , These products are also: Gluten Free, Non-GMO, Vegan, Soy Free, Non-Dairy*, Preservative ...
(Date:10/12/2017)... ... 2017 , ... Information about the technology: , Otomagnetics has ... prevention of a major side effect of chemotherapy in children. Cisplatin and carboplatin ... cisplatin, hearing loss is FDA listed on-label as a dose limiting toxicity. Hearing ...
(Date:10/12/2017)... ... October 12, 2017 , ... On Saturday, October 21, the Health & Wellness ... Moonlight to raise money for the American Heart Association Heart Walk. Teams of up ... work together to keep their treadmills moving for 5 hours. Treadmills will start at ...
Breaking Medicine News(10 mins):
(Date:9/19/2017)... ZirMed Inc ., a recognized leader in cloud-based revenue cycle ... ranked #1 by its users for the seventh consecutive year ... ZirMed was recognized as the top-ranked end-to-end revenue cycle management ... 200 beds and holds one of the longest #1 ranking ... ...
(Date:9/18/2017)... PROVIDENCE, R.I. , Sept. 18, 2017 ... in the fields of bioinformatics and immune ... to develop a protective avian influenza A (H7N9) vaccine. ... is distantly related to seasonal influenza and ... approaches, which rely on prior exposure to be ...
(Date:9/12/2017)... NEW YORK , Sept. 12, 2017   EcoVadis ... global supply chains, has published the first annual edition of its Global ... more than 20,400 companies evaluated by EcoVadis, based on Scorecard Ratings that ... ... Risk & Performance Index ...
Breaking Medicine Technology: