News
23 October 2024

Vocus Group raising debt for TPG purchase

In:
Telecoms and Communications
Region:
Asia-Pacific

Vocus Group’s planned A$5.25 billion ($3.49 billion) purchase of TPG’s fibre and fixed network assets is to be funded by an up to A$6 billion five-year facility that will include acquisition debt and refinancing of Vocus’ existing debt. Ten banks are said to be looking at the deal:...

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