Tdc Net Enters Into New Secured Infrastructure Financing To Refinance Existing Tdc Group Debt
01/31/22, 5:15 AM
TDC NET A/S (TDC NET) has on January 31, 2022 entered into in aggregate EUR 3.3bn of committed new bank facilities and established a new secured infrastructure financing platform. In addition, Nuuday A/S (Nuuday) has entered into a revolving credit facility with a syndicate of banks. The proceeds from the new bank facilities at TDC NET will be used to repay existing senior secured credit facilities at TDC Holding A/S (TDC Holding) in the beginning of February 2022. This refinancing does not increase total debt at TDC Group.