KDG completes new term loan ‘H’ at tighter pricing
German cable firm Kabel Deutschland has completed its €1bn term loan ‘H’ after the pricing on the seven year facility was reverse flexed.
The borrower, which had announced that the deal would be at least €600m, last week cut the pricing from 300bp over Euribor at par to 275bp over with an OID of 99.5.The new facility has 101 soft call protection for six months and a maturity of March ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org