Salt launches €1bn bond and loan package
Salt, the Swiss telecommunications company controlled by a French billionaire Xavier Niel, is touring Europe this week marketing senior secured notes, as it attempts to refinance a large chunk of its existing debt.
The bond issue is part of a Sfr1.15bn (€1.06bn) secured debt package announced earlier, consisting of bonds issued in Swiss francs and euros, a seven year term loan ‘B’ in euros and potentially other secured debt.The tranching for the debt package has not yet been decided, and Salt ...
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