KDG refi at 350bp, reverse flex not ruled out
Bookrunners are to launch a Eu500m bullet loan for German cable operator Kabel Deutschland (KDG) to institutional investors at a bank meeting on Thursday. Alongside a Eu300m high yield bond, the loan will be used to repay KDG’s PIK facility, a portion of its term loan ‘A’ and any drawn debt from its Eu100m revolver.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: