All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

UPC to close increased debt exchange

UPC, the Dutch broadband company, is closing a debt exchange which allows it to extend the maturities of some of its bank debt. The debt exchange was originally intended to roll up to $750m of the ‘M’ and ‘N’ term loans maturing in 2014 into the new facilities due in 2016, but, as EuroWeek reported last week, it was seven times oversubscribed and was increased.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree