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Otelco Inc

Type: Company

Name: Otelco Inc

Nationality: United States

Web Address: http://www.otelcoinc.com/

First reported 18 hours ago - Updated 18 hours ago - 1 reports

GE Capital Corp

GE Capital Corp

GE Capital Funds Otelco Exit Financing

Bankrupt Otelco announced that it emerged from bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility. According to an 8K filing dated May 24, 2013, GE Capital served as agent in the fin ... [Published ABF Journal - 18 hours ago]

Entities: Otelco Inc, GE Capital Corp, Bankruptcy, Mike Weaver

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Form 4 OTELCO INC. For: May 24 Filed by: Weaver Michael Dan

StreetInsider.com - Form 4 OTELCO INC. For: May 24 Filed by: Weaver Michael Dan ... [Published Street Insider - 23 hours ago]

Entities: Michael Dan, Otelco Inc

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Form 4 OTELCO INC. For: May 24 Filed by: Garner Curtis Lee JR

StreetInsider.com - Form 4 OTELCO INC. For: May 24 Filed by: Garner Curtis Lee JR ... [Published Street Insider - 23 hours ago]

Entities: Curtis Lee, Otelco Inc

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Form 4 OTELCO INC. For: May 24 Filed by: Wessing E. Todd

StreetInsider.com - Form 4 OTELCO INC. For: May 24 Filed by: Wessing E. Todd ... [Published Street Insider - 23 hours ago]

Entities: Otelco Inc

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Form 4 OTELCO INC. For: May 24 Filed by: Haug Howard James

StreetInsider.com - Form 4 OTELCO INC. For: May 24 Filed by: Haug Howard James ... [Published Street Insider - 23 hours ago]

Entities: Otelco Inc

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Form 4 OTELCO INC. For: May 24 Filed by: Tisdale Ed

StreetInsider.com - Form 4 OTELCO INC. For: May 24 Filed by: Tisdale Ed ... [Published Street Insider - 23 hours ago]

Entities: Otelco Inc

First reported 23 hours ago - Updated 23 hours ago - 1 reports

Form 4 OTELCO INC. For: May 24 Filed by: Andrews Dennis

StreetInsider.com - Form 4 OTELCO INC. For: May 24 Filed by: Andrews Dennis ... [Published Street Insider - 23 hours ago]

Entities: Otelco Inc

First reported May 24 2013 - Updated May 24 2013 - 1 reports

emerges from bankruptcy with new credit facility

Otelco has announced it has emerged from bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility. The company repaid USD 28.7 million on its senior credit facility and extended its maturity ... [Published Telecompaper - May 24 2013]

Entities: Bankruptcy, Otelco Inc, Free Cash Flow

First reported May 24 2013 - Updated May 24 2013 - 1 reports

8-A12B - OTELCO INC. (0001288359) (Filer)

Document Format FilesSeq Description Document Type Size 1 FORM 8-A t76543_8a12b.htm 8-A12B 85890 2 EXHIBIT 3.1 ex3-1.htm EX-3.1 103425 3 EXHIBIT 3.2 ex3-2.htm EX-3.2 136696 4 EXHIBIT 4.1 ex4-1.htm EX-4.1 25685 5 GRAPHIC t76543001_v1.jpg GRAPHIC 131652 ... [Published SEC - May 24 2013]

Entities: Otelco Inc

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Otelco Emerges From Bankruptcy And Completes Balance Sheet Restructuring

Wireline telecommunications company Otelco Inc. (OTT: Quote,OTT_UN.TO: Quote) said Friday it has emerged from bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility."Today, we completed the ... [Published RTTNews.com - May 24 2013]

Entities: Otelco Inc, Bankruptcy, Subordinated Debt, Mike Weaver

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Otelco Emerges from Bankruptcy with New Credit Facility and New Listed Security

Otelco Inc. announced that it has emerged from bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility.“Today, we completed the actions necessary to implement the final steps of our restructuring ... [Published Reuters - May 24 2013]

Entities: Otelco Inc, Brian Ross, Telecommunication, Bankruptcy, Mike Weaver

First reported May 07 2013 - Updated May 08 2013 - 2 reports

Otelco Reports First Quarter 2013 Results and Progress of Balance Sheet Restructuring

Canada NewsWireONEONTA, AL, May 7, 2013 ONEONTA, AL, May 7, 2013 "First quarter produced financial results that met our expectations," said Mike Weaver "The restructuring process continues to proceed as planned," added Weaver. "We were pleased with the ... [Published Digital Journal - May 08 2013]

Entities: Otelco Inc, Mike Weaver, Capital Expenditures, Operating Expenses, EBITDA

Quotes

...the actions necessary to implement the final steps of our restructuring plan," said Mike Weaver, president and chief executive officer of Otelco. "Our total debt has been reduced by more than 50%, our senior credit facility has been extended through April 2016, and we have exited Chapter 11 bankruptcy. Our customers have been provided uninterrupted service during our restructuring, and our vendor partners have continued to receive payment in full for the goods and services they provide Otelco."

GE Capital Funds Otelco Exit Financing [Published ABF Journal - 18 hours ago]

"First quarter produced financial results that met our expectations," said Mike Weaver, President and Chief Executive Officer of Otelco. "We generated Adjusted EBITDA of $8.8 million, incurred and paid $1.4 million in restructuring expenses related to the bankruptcy filing and still increased our cash balance by $1.8 million. We invested $0.8 million in capital equipment in the first quarter and expect to increase our capital expenditures over the course of the year for a total investment of approximately $7.0 million for 2013. We ended the quarter with $34.3 million in cash on hand."

Otelco Issues 1Q 2013 Results [Published Zecco - May 10 2013]

...unit holders, and I am gratified that our stakeholders have expressed their support in overwhelming numbers," stated Michael Weaver, CEO of Otelco. "Our focus will now be on quickly implementing the restructuring with no impact on our day-to-day operations." Implementation of the restructuring plan and other relief is subject to court approval, regulatory approvals and other customary closing conditions

Otelco files for Chapter 11 bankruptcy [Published Stockwatch - Mar 25 2013]

...quarter of 2012 produced our best quarterly financial results for the year," said Mike Weaver, President and Chief Executive Officer of Otelco. "Adjusted EBITDA topped $11.5 million for the fourth quarter and was $45.2 million for the year ended December 31, 2012. The adjusted EBITDA margin for 2012 of 45.9% represents a 1.4 percentage point margin improvement over 2011 results. Our cash balance increased by $5.3 million from the third quarter, finishing the year at $32.5 million."

Otelco loses $126.89-million in 2012 [Published Stockwatch - Feb 25 2013]

More Content

All (45) | News (33) | Reports (2) | Blogs (2) | Audio/Video (0) | Fact Sheets (0) | Press Releases (8)

sort by: Date \| Relevance
GE Capital Funds Otelco Exit Financing [Published ABF Journal - 18 hours ago]
Form 4 OTELCO INC. For: May 24 Filed by: Weaver... [Published Street Insider - 23 hours ago]
Form 4 OTELCO INC. For: May 24 Filed by: Haug H... [Published Street Insider - 23 hours ago]
Form 4 OTELCO INC. For: May 24 Filed by: Garner... [Published Street Insider - 23 hours ago]
Form 4 OTELCO INC. For: May 24 Filed by: Wessin... [Published Street Insider - 23 hours ago]
Form 4 OTELCO INC. For: May 24 Filed by: Andrew... [Published Street Insider - 23 hours ago]
Form 4 OTELCO INC. For: May 24 Filed by: Tisdal... [Published Street Insider - 23 hours ago]
emerges from bankruptcy with new credit facility [Published Telecompaper - May 24 2013]
8-A12B - OTELCO INC. (0001288359) (Filer) [Published SEC - May 24 2013]
Otelco Emerges From Bankruptcy And Completes Ba... [Published RTTNews.com - May 24 2013]
Otelco Emerges from Bankruptcy with New Credit ... [Published Reuters - May 24 2013]
Otelco Emerges from Bankruptcy with New Credit ... [Published Business Wire Technology News - May 24 2013]
Top 3 Companies in the Integrated... [Published Financial News Network online - May 14 2013]
Otelco fails TSX review, to delist June 10 [Published Stockwatch - May 11 2013]
TSX Delisting Review - Otelco Inc. (Symbol: OTT... [Published Financial Services - May 10 2013]
Otelco CEO Discusses Q1 2013 Results - Earnings... [Published Seeking Alpha - May 10 2013]
Otelco Issues 1Q 2013 Results [Published Zecco - May 10 2013]
Otelco revenues decline 17.3% in Q1 [Published Telecompaper - May 08 2013]
Otelco loses $1.77-million in Q1 [Published Stockwatch - May 08 2013]
Otelco Reports First Quarter 2013 Results and P... [Published Digital Journal - May 08 2013]
Otelco Reports First Quarter 2013 Results and P... [Published Investors Business Daily - May 07 2013]
Otelco Reports First Quarter 2013 Results and P... [Published Business Wire Technology News - May 07 2013]
Otelco under TSX delisting review [Published Stockwatch - May 07 2013]
Court Confirms Otelco's Plan to Exit Chapter 11... [Published Dow Jones DBR Small Cap Alert - May 07 2013]
BRIEF-Otelco says bankruptcy court entered a co... [Published XE - May 06 2013]
BRIEF-Otelco says bankruptcy court entered a co... [Published CNBC - May 06 2013]
8-K - OTELCO INC. (0001288359) (Filer) [Published SEC Filings - May 06 2013]
TSX Delisting Review - Otelco Inc. (Symbol: OTT... [Published PR Newswire - May 06 2013]
TSX Delisting Review - Otelco Inc. (Symbol: OTT... [Published Digital Journal - May 06 2013]
TSX Delisting Review - Otelco Inc. (Symbol: OTT... [Published TradingCharts.com - May 06 2013]

Blogs

sort by: Date \| Relevance
The Daily Docket: Ex-Howrey Partners Look to Se... [Published WSJ.com: Bankruptcy Beat - Mar 25 2013] Some former partners of Howrey LLP have agreed to spend the next several months in settlement talks to avoid litigation over the defunct law firm’s 2011 collapse. Read the Daily Bankruptcy Review article via The Wall Street Journal . (Daily Bankruptcy ...
The Daily Docket: Judge Approves MF Global Deal [Published WSJ.com: Bankruptcy Beat - Feb 01 2013] Reuters MF Global Holdings Ltd.’s bankruptcy judge on Thursday approved a key settlement among the failed brokerage’s three key constituents, opening up the possibility that the remaining money owed to customers could start flowing very soon. Read the ...

Press Releases

sort by: Date \| Relevance
Otelco Emerges from Bankruptcy with New Credit ... [Published Business Wire Technology News - May 24 2013]
TSX Delisting Review - Otelco Inc. (Symbol: OTT... [Published Financial Services - May 10 2013]
Otelco Reports First Quarter 2013 Results and P... [Published Business Wire Technology News - May 07 2013]
TSX Delisting Review - Otelco Inc. (Symbol: OTT... [Published PR Newswire - May 06 2013]
Otelco Takes Next Steps to Implement Restructuring [Published Business Wire Technology News - Mar 25 2013]

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