0
General

Telenet refinances debt

Friday 4 November 2016 | 09:19 CET | News
Belgian operator Telenet announced the issue of two new terms loans. The loans of EUR 1.6 billion and USD 1.5 billion are both valid until 31 January 2025. The euro loan carries a rate of 3.52 percent over Euribor with a floor of zero percent. The dollar loan has interest of 3.0 percent over Libor and a floor of zero percent. The loans will be used to refinance existing debt, including 2.2 billion in loans due in 2022-2023 and USD 850 million due in 2024. Telenet also extended its revolving credit facility with the same terms until June 2023.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telenet
Countries: Belgium
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telenet refinances debt with new term loan

Published 16 May 2017 10:34 CET | Belgium
Belgian operator Telenet announced that it's agreed a new USD 500 million term loan. The AI2 facility has the same terms as the ...

Telenet forecasts flat revenue in 2017 on mobile pressure

Published 16 Feb 2017 11:08 CET | Belgium
Belgian operator Telenet reported fourth-quarter revenues of EUR 629.2 million, up 36 percent from a year earlier thanks to its ...

Telenet herfinanciert leningen

Published 04 Nov 2016 09:17 CET | Belgium
Telenet maakt bekend dat het twee nieuwe termijnleningen heeft uitgegeven. De ene is voor 1,6 miljard euro, de andere is voor 1,5 ...

Telenet organic revenue growth slows to 1% in Q3

Published 27 Oct 2016 09:49 CET | Belgium
Belgian operator Telenet announced third-quarter revenues of EUR 621 million, up 35 percent year-on-year thanks to its takeover ...

Telenet agrees USD 850 mln term loan

Published 03 May 2016 09:13 CET | Belgium
Telenet announced an agreement for a new term loan worth USD 850 million. The details of the loan and lending banks will be ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
::: More Calendar Items