Virgin Media launches US$750m term loan for refinancing
Liberty Global’s UK and Ireland unit Virgin Media is launching a senior secured term loan of at least US$750m due ...
Tag: Citigroup
GoDaddy to fund HEG buy with US$1.9bn of loans, expects to sell PlusServer
US web domain firm GoDaddy (NYSE:GDDY) has revealed that the financing for its €1.69bn (US$1.79bn) acquisition of German counterpart Host Europe Group (HEG) will ...
Cyprus inches toward privatisation of Cyta, but sale of Cyta Hellas will come first
The government of Cyprus is presenting a piece of legislation next month to privatise incumbent Cyta. The draft is in the “final ...
GoDaddy to acquire Host Europe for €1.69bn to boost European expansion
US web domain provider GoDaddy has agreed to acquire German counterpart Host Europe Group (HEG) for €1.69bn (US$1.79bn), which includes €1.08bn (US$1.16bn) of assumed ...
Northrop Grumman and L-3 Communications refinance ahead of expected boon for aerospace and defence firms
Northrop Grumman and L-3 Communications are tapping the bond markets as Donald Trump’s presidential victory lifts aerospace and defence contractors in the US. The ...
MTN in talks with SEC for Nigerian unit float
South Africa-based MTN Group has been in talks with Nigeria’s Securities and Exchange Commission (SEC) about a potential IPO of its local ...
Telefónica sells Argentine unit Telefe to Viacom for US$345m to help cut debt and refocus
Telefónica has sold its Argentine broadcast unit Televisión Federal (Telefe) to US entertainment content company Viacom for US$345m in cash to help reduce ...
Cyta puts Greek unit Cyta Hellas up for sale
Cypriot incumbent Cyta has put its Greek fixed-line telecoms and broadband business Cyta Hellas up for sale. The Cyprus government said the privatisation of the ...
Zain expects to agree US$500m-plus tower sale by end of H1 2017
Kuwaiti telco Zain has shortlisted two bidders to buy its mobile towers in Saudi Arabia and expects to seal a US$500m-plus ...
Broadcom inks US$6.5bn bridge loan for Brocade acquisition
US semiconductor developer Broadcom has reportedly secured a US$6.5bn debt financing deal with six banks to pay for its acquisition of network equipment maker Brocade ...
