Metromedia Fiber Receives Extension on Vendor Financing

NEW YORK, Sept. 14 -- Metromedia Fiber Network Inc., a developer of optical IP Internet infrastructure within key metropolitan areas domestically and internationally, announces that it has received an extension of its commitment letter for the $235 million of vendor financing.

The commitment letter, which was scheduled to expire on September 12, 2001, has been extended until September 17, 2001.

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