U.S. cable TV provider Cablevision Systems Corp. (CVC) is trying to extend the maturity of a $3.4 billion term loan due in 2013, Bloomberg News reported Wednesday, citing two unnamed people familiar with the talks.

The company is asking lenders, led by Bank of America Corp. (BAC) and JPMorgan Chase & Co. (JPM), to push back the maturity to March 2016, the report cited the people as saying, adding that they declined to be identified because the negotiations are private.

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