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Deal team

Otelco Inc.

Nasdaq: OTEL

Piper Jaffray served as sole placement agent on a new $105 million credit facility for Otelco Inc. used to refinance the company’s existing credit facility.

Client Description

Otelco Inc. (Nasdaq: OTEL) is a full service telecommunications provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia. The company offers a wide array of communication services including local and long distance telephone, digital high-speed data lines, transport services, network access, cable television and other related services.


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