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KDG set to exceed €500m A&E target

03 Feb 2012

German cable firm Kabel Deutschland (KDG) has sent out a notice of prepayment to lenders after easily exceeding its original target of extending €500m of term loans ‘A1’, ‘A2’ and ‘C1’. The company is understood to be ready to accept extensions from all those lenders who consented, which market participants said represented more than €700m.

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03 Feb 2012