TBC launches new recap with NT$25bn loan

30 Aug 2007

Macquarie Media Group is recapitalising its buy-out of Taiwan Broadband Communications from Carlyle in December 2005 with a new NT$25bn ($754m) loan.

ABN Amro, Chinatrust Commercial Bank, Citigroup and Société Générale have launched the all-senior secured loan, which allows the Macquarie fund shareholders to take out a dividend of ...

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