McLeodUSA seeks extension from lenders

McLeodUSA pleads with its lenders, please don’t break my knees, I will pay you back by July 21st. They had an agreement with lenders to waive payment on about $18 million dollars until today. Bankruptcy #2 is only a matter of time. via

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2 thoughts on this post

  1. well it’s July 21st and I see nothing updated about their financial situation. Does something have to happen today?