French tower company TDF announced it has renegotiated its debt with lenders.
In a release the company said that 99 % of lenders voted in favour of the amendments to the Senior Facilities Agreement and more than 90% of those requested accepted the…
French tower company TDF announced it has renegotiated its debt with lenders.
In a release the company said that 99 % of lenders voted in favour of the amendments to the Senior Facilities Agreement and more than 90% of those requested accepted the extension of maturity from 2014 and 2015 to 2016.
It added: “This amended and stabilized financial structure will provide TDF with greater flexibility and time in order to support its development and ambitions, in particular its project “TDF 3.0″ which includes Pay TV, connected DTT, digital radio, media services and 4G deployment.”
TDF is present in France, Germany, Finland, Hungary, Poland, Spain, Estonia and Monaco. In June, it sold its Dutch business Alticom Holdings to Infracapital Partners.
