Telenet to repay some term loan borrowings with notes proceeds

By Sara Rosenberg

New York, Feb. 9 - Telenet Group Holding NV plans on repaying debt under its term loans J, K and L1 using proceeds from a €300 million senior secured notes offering, according to a news release.

The notes priced on Wednesday at an interest rate of 6.625%.

Telenet is a provider of cable television, high-speed internet access and mobile telephony services in Belgium.

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