InfoUSA Inc. has made a $3 million payments on its revolving line of credit, reducing its total debt to $158.8 million, and its total debt-to-EBITDA ratio to 1.96.
The Omaha-based information supplier now qualifies for a 2.25 interest rate on its revolving line of credit, the company reported.
The firm plans to pay down the existing balance in the first quarter of 2004.
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