Ascent Capital Group’s Subsidiary, Monitronics International, Completes Repricing of Credit Facility

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Ascent Capital Group, Inc. ("Ascent" or the "Company") (Nasdaq: ASCMA) announced today that its wholly-owned subsidiary, Monitronics International, Inc. ("Monitronics"), has completed the repricing of its Senior Secured Credit Facility, which is comprised of a $150 million revolver and a Term Loan B under which $691 million remains outstanding. The repriced facility will now have a reduced interest rate of LIBOR plus 3.25% with a LIBOR floor of 1.00% for the Term Loan B and a reduced interest rate of LIBOR plus 3.75% with a LIBOR floor of 1.00% for the revolver. Concurrently, Monitronics extended the maturity of its Senior Secured Revolving Credit Facility by nine months to December 22, 2017.