MetroPCS Communications’ indirect wholly-owned subsidiary, MetroPCS Wireless, has amended and expanded its current $1.6 billion senior secured credit facility. The new modified facility will include a new $1.5 billion term loan. The new loan may be used for the repayment of a $0.5 billion term loan, maturing in 2013, and for general corporate purposes, including opportunistic spectrum acquisitions. The move requires the approval of lenders holding a majority of the outstanding loans under the existing senior secured credit facility.

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