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General

Telenet signs for new credit facility worth EUR 510 mln

Wednesday 8 April 2020 | 11:00 CET | News
Telenet said it has signed a new credit facility worth EUR 510 million and set to mature in May 2026. The facility replaces the current facility worth EUR 460 million. Of this, EUR 60 million was scheduled to mature in December 2021 and EUR 400 million in June 2023. Telenet added that it continues to have access to an additional EUR 45 million, under separate agreements, bringing its total liquidity buffer to EUR 555, on top of the EUR 101.4 million of cash and cash equivalents held at end December 2019.

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Categories: General
Companies: Telenet
Countries: Belgium
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