Virgin Mobile USA to Acquire Helio for Approximately $39 Million in Equity
- Additional strategic investment totaling $50 million made by Virgin Group and SK Telecom at $8.50 per share – Improved capital structure through increased liquidity and $50 million paydown of senior secured credit facility – Incremental $60 million added to revolving credit facility – Maximum assumption of $10 million debt and $15 million net working [...]