Home Must Reads Integra Telecom borrows $785M

Integra Telecom borrows $785M

| Print |  Email
Must Reads
Tuesday, February 26, 2013

Integra Telecom borrowed $785 million to refinance its debt, freeing up millions for operations and investment.

The Portland company has been repositioning itself in the face of greater competition and a weak economy. Revenues were down less than 1 percent last year at $594 million, flattening out after three years of steeper declines.

So Integra took advantage of low interest rates and more favorable reviews from credit rating agencies to cut its interest payments by more than 25 percent. The company said the refinancing gives it more flexibility to invest in its communications network and add new products.

Read more at OregonLive.com.

{biztweet}integra telecom{/biztweet}

 

More Articles

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...

Timber town

June 2014
Thursday, May 29, 2014
BY LEE VAN DER VOO

A forest collaboration saves the Rough & Ready Lumber Company.


Read more...

Powerlist: Credit Unions

June 2014
Thursday, May 29, 2014
BY KIM MOORE

A conversation about credit unions with the CEOs of Advantis Credit Union and OSU Federal Credit Union, followed by June's Powerlist.


Read more...

100 Best Green Companies Keynote Speech

News
Friday, May 30, 2014

green2014-069Watch the 2014 100 Best Green Companies keynote speech by Eric Friedenwald-Fishman.


Read more...

The barber is back

June 2014
Thursday, May 29, 2014
BY MIKE GREEN

An old profession is new again.


Read more...

Downtime with Doug Gastich

June 2014
Thursday, May 29, 2014
BY JESSICA RIDGWAY

How the president of BlueVolt spends his free time.


Read more...

Driving green

June 2014
Thursday, May 29, 2014
BY KIM MOORE

Transportation accounts for the second-largest source of greenhouse gases in the U.S. (28% in 2012), and the use of renewable fuels, such as biodiesel and ethanol, is booming in light of state and national programs to make transportation fuels cleaner.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS