Lenders approve covenant waiver for troubled PBL Media
The lending syndicate on a A$4.2bn leveraged loan for Australia’s PBL Media has voted overwhelmingly in favour of waiving covenants in return for a cash injection from private equity sponsor CVC Capital Partners.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts