The Dutch cableco Ziggo, which is part of the Liberty Global group, says it plans to raise new debt totalling EUR3.2 billion (USD3.63 billion). Ziggo Secured Finance will offer, subject to market conditions, EUR2.575 billion (or US dollar equivalent) of senior secured notes due 2027, while Ziggo Bond Finance will offer EUR625 million of senior notes, also due 2027. Some of the proceeds will refinance existing debt, while the rest will be held in escrow pending completion of Ziggo’s merger with Vodafone Netherlands to be used to fund a dividend payment, to refinance indebtedness, to pay merger-related fees and expenses, and for general corporate purposes.
Have feedback, corrections, or story ideas? Send them to firstname.lastname@example.org.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors