WideOpenWest near deal with lenders for new loan, Bloomberg says

WideOpenWest is near a deal with lenders to raise around $200M of cash and revamp its debt profile, people familiar with the situation told Bloomberg’s Reshmi Basu. As part of the proposal, lenders would provide the cable operator with a loan that ranks above existing debt in order of repayment priorities, said the sources, who added that the company also plans to launch a debt exchange.