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General

TDC saves EUR 5 mln annually in debt repricing

Monday 10 December 2018 | 12:31 CET | News
Danish operator TDC said that it has successfully repriced its outstanding euro term loan B facility, reducing the margin by 25 basis points across the margin grid, providing approximately EUR 5 million per annum in interest savings. The nine-month margin ratchet holiday due to expire in March 2019 was removed with immediate effect.

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Categories: General
Companies: TDC
Countries: Denmark
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