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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported):
December 29, 1999
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INTERMEDIA COMMUNICATIONS INC.
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(Exact name of registrant as specified in its charter)
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DELAWARE 59-2913586
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
0-20135
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(Commission File Number)
3625 QUEEN PALM DRIVE
TAMPA, FLORIDA 33619-1309
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(Address of principal executive offices)
(813) 829-0011
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(Telephone Number)
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ITEM 5. OTHER EVENTS
On December 22, 1999, Intermedia Communications Inc. (the "Company")
entered into a five-year $100,000,000 Revolving Credit Agreement (the "Credit
Agreement") with Bank of America N.A., the Bank of New York, and Toronto
Dominion (Texas), Inc. The Revolving Credit Facility ("Credit Facility") may be
repaid and reborrowed from time to time in accordance with the terms and
provisions of the agreement and is guaranteed by each of the Company's
subsidiaries. The Credit Facility is secured by a pledge of the stock of each
of the Company's subsidiaries, and will be secured by substantially all of the
assets of the Company and its subsidiaries.
The interest rate on the revolving credit facility is, at the election
of Intermedia, based on either a LIBOR or an alternative base rate option. The
Credit Agreement contains covenants customary for facilities of this nature.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: December 29, 1999
INTERMEDIA COMMUNICATIONS INC.
(Registrant)
/s/ Robert M. Manning
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Robert M. Manning
Senior Vice President and
Chief Financial Officer
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