IN BRIEF: Zegona lowers debt costs with loan repricing
Zegona Communications PLC - London-based investor in Europe's telecommunications, media and technology sectors - Reprices its EUR1.29 billion term loan, reducing its interest rate margin by 125 basis points. Subsidiary Zegona HoldCo Ltd cut the margin on its EUR920 million term loan due 2029 from 4.25% to 3.0% per year. It also increased the facility by EUR370 million to repay its USD400 million term loan, effectively lowering its cost of debt. Read More