Telenet Group gets €158 million revolver at Euribor plus 275 bps

By Sara Rosenberg

New York, July 29 - Telenet Group Holding NV closed on a €158 million revolving credit facility due Dec. 31, 2016 on Friday, according to an 8-K filed with the Securities and Exchange Commission.

Pricing on the revolver is Euribor plus 275 basis points, and there is a 110 bps commitment fee.

In connection with the new revolver, the company's existing €175 million revolver was terminated.

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

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