CyrusOne raises US$800m in debt refi to lower interest costs
US data centre operator CyrusOne has priced US$800m of seven and ten-year senior notes to refinance existing borrowings. CyrusOne sold US$500m of...
Financing
Softbank to issue US$3.93bn in bonds as tech and real estate investments stack up
Japanese internet giant Softbank is selling Y450bn (US$3.93bn) in new debt as the company continues to home-in on start-up targets. Softbank said...
Telus raises debt for refinancing and keeps its stable credit profile in check
Canada’s Telus has sold US$500m of 10-year senior unsecured notes and C$325m (US$243m) of 31-year bonds to refinance debt as the...
Telefónica issues debut US$3.5bn notes in US market since financial crisis
Spain’s Telefónica sold US$3.5bn of senior notes in two parts via funding vehicle Telefónica Emisiones amid foreign exchange tailwinds and attractive US...
Cell C rejects Telkom offer and goes forward with recapitalisation plans
South African mobile operator Cell C has declined rival Telkom’s takeover bid as the troubled company grapples with capital restructuring after defaulting on...
Telecom Egypt hungry for cash to fuel 4G expansion
State-owned fixed-line operator Telecom Egypt is seeking to increase its E£8bn (US$500m) loan to E£13bn (US$820m) to pay its 4G licence and...
Banks discard Saudi Telecom solution for Turkish debt problem
Lenders have reportedly abandoned Saudi Telecom’s proposal to resolve a dispute over an instalment payment missed by Otas last year prolonging the debt stalemate....
Kacific orders US$147m high-speed broadband satellite from Boeing
Singapore startup Kacific has ordered its first satellite to deploy high-speed broadband across South East Asia and the Pacific after raising US$147m through...
Analysis: Britain backs massive 5G infrastructure investment strategy
In the wake of a demonstrably lacklustre and vastly underwhelming impact of 4G LTE investment across pre-Brexit Britain, the UK government is...
PCCW launches US$1.1bn SSU sale to fund OTT ambitions
Hong Kong-based TMT holdco PCCW has followed up its disposal of UK Broadband last week with an offering of HKT Trust and...
