eircom to launch credit facility refinancing on Friday in London

By Sara Rosenberg

New York, Feb. 23 – eircom Holdings Ltd. will hold a bank meeting in London on Friday to launch a refinancing of its existing senior credit facility, according to a source.

Goldman Sachs International, Deutsche Bank and J.P. Morgan Ltd. are the global coordinators on the deal, with Goldman the left bookrunner.

The existing credit facility is sized at €1.6 billion and priced at Euribor plus 400 basis points, a news release said.

eircom is a Dublin-based integrated telecommunications operator.

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