Early bird responses come in for KDG’s amend and extend

More than 40% of lenders have already agreed to Kabel Deutschland’s (KDG) request to amend and extend its debt, ahead of a November 19 deadline. This follows early approaches to key lenders by banks leading the process. The 40% of lenders represents 65% of the consents required for approval. There is also an early bird deadline of November 12.