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Tele Columbus to start roadshow Thursday in Europe for €475 million two-tranche deal
By Paul A. Harris
St. Louis, April 8 - Tele Columbus will start a roadshow Thursday in Europe for a €475 million two-tranche offering of notes, according to an informed source.
The Hanover, Germany, cable television and communications services company plans to sell six-year senior notes and seven-year senior subordinated notes.
Merrill Lynch & Co. will run the books on the Rule 144A/Regulation S offering.
Proceeds will be used to fund the acquisition of Tele Columbus by BC Partners from Deutsche Bank.
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