04:28 PM EDT, 10/11/2024 (MT Newswires) -- WideOpenWest ( WOW ) is close to finalizing a deal with lenders to raise around $200 million in new funding and to renegotiate its overall debt profile, Bloomberg reported on Friday, citing people familiar with the situation.

The new debt would rate above the cable operator's existing debt, the sources reportedly said, adding that the company also plans to launch a debt exchange.

WideOpenWest ( WOW ) did not immediately return a message from MT Newswires seeking comment on Friday afternoon.

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