KDG returns to loan market

December 08, 2010 12:00 am

German cable network operator Kabel Deutschland has refinanced its balance sheet again, taking up a Eu400m loan to replace its high yield bonds. Underwriters BNP Paribas and JPMorgan this week launched syndication of the loans, which further extend the maturity of KDG’s debt. It comes as KDG has already extended Eu1.66bn of debt in 2010. To find out more, read EuroWeek this Friday.

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