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Tdc Net Enters Into New Secured Infrastructure Financing To Refinance Existing Tdc Group Debt

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.

Company Info

Company
Tdc Net
Additional Info
The new financing platform will support TDC NET in pursuit of its strategic goals to develop Denmark’s digital infrastructure of the future.