Update: Telenet gets 87% rollover

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Update: Telenet gets 87% rollover

Telenet, the Belgian cable group, demonstrated the improvement in the leveraged loan market as it provided details of its extension offer on Friday. The transaction pushes out the company’s Eu2.3bn debt by an average of just over two years and its positive reception stumped many bankers’ expectations. Read on for the breakdown of Telenet’s debt extension.

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