TDF launches loan to back French unit sale to Brookfield-led group: Reuters

Telecoms masts group TDF has launched a 175 million euro (US$218.35 million) leveraged loan on Media Broadcast to refinance debt and facilitate a sale of its French unit, Reuters reported. Private equity firms TPG, Ardian, Charterhouse and French state bank Bpifrance agreed in November to sell the asset to Brookfield Infrastructure and its investment partners.

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