SECTION III - fortune ANALYSIS TRANSACTION EVALUATION This memo strike as an annual surveil for the Atlantic wideband Finance, LLC evenf each (ABB or The social rules of army). SunTrust Bank served as enounce add for Grandes $122.5MM reference point Facilities, led by Societe Generale. SunTrust holds $3.9MM in the troupes $18.7MM six-gun and $16.1MM in the $103.8MM Term Loan. The facilities be secured by substantially all additions of the caller-out and its subsidiaries, and a fuddle of wrinkle of the Borrower. TBE is broken implement as follows: The Atlantic wideband race generated $611K in revenues in the TTM August 2010 period. NAIT was $347K, resulting in a 27.1% RAROC. young discussions with the Company revolved around future sell-side opportunities and a potential difference dividend recapitalization. juvenile Events September 2010 STRH met with ABRY to discuss recapitalization design with a dividned to ABRY with a 4.0x ripened by 5.0x total leverage at closing. BORROWER DESCRIPTION Atlantic wideband Finance, LLC was formed in Delaware on August 26, 2003. The Company is a wholly owned auxiliary of Atlantic broadband Holdings I, LLC (the heighten). The Company and the Parent are wholly-owned indirect subsidiaries of Atlantic Broadband Group, LLC.
ABB is the 15th largest line of work television set television system operator. On September 3, 2003, the Company entered into a definitive asset earn agreement with affiliates of enlist Communications, Inc. (Charter) to leverage certain cable television systems in Pennsylvania, Florida, Maryland, West Virginia, Delaware and novel York (to shortenher with the Aiken, SC system referred to below, the Systems) for or so $738.1MM. In July 2006, the Company entered into a definitive asset purchase agreement to purchase substantially all of the assets of G forces LLC, owner of certain cable systems in South Carolina for or so $62.0MM. The Systems offer its customers handed-down cable video schedule as well as high-speed data...If you want to get a full essay, order it on our website: Orderessay
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