Euskaltel to syndicate €1.2bn LBO financing structure

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Euskaltel to syndicate €1.2bn LBO financing structure

Max Bower
October 19, 2015 01:00 pm
cable, cable tie
Closeup of colorful electrical cables | Sergey Tryapitsyn/Nomad_Soul - Fotolia

Euskaltel is seeking a €600m extension of its term loan 'A' and 'B' loan facilities, as well as a new €300m institutional term loan B tranche, to back its takeover of competitor R Cable.

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