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Telenet launches US$850m loan for refinancing

Connectivity BusinessbyConnectivity Business
May 3, 2016
in Financing, Space Services
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Belgian cableco Telenet has launched an eight-year US$850m term loan to refinance some of its existing debt, with pricing and syndication expected to take place next week. Telenet said that, as of 31 March 2016, its net leverage ratio was 4x, compared with 3.4x on 31 December 2015, reflecting its acquisition of local mobile network operator Base. Belgian cableco […]

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