Tele Columbus AG Completes Partial Refinancing of €1.3 Billion Senior Facilities Agreement

May 4, 2018

S&C advised BofA Merrill Lynch and Deutsche Bank as initial purchasers in an offering of high-yield bonds with a volume of €650 million by Tele Columbus AG, issued in connection with Tele Columbus’ partial refinancing of a €1.3 billion senior facilities agreement. Tele Columbus is the third-largest cable provider in Germany with 1.7 million connected households on network level 4.

The S&C team was led by Chris Beatty, Max Birke, Carsten Berrar and Krystian Czerniecki, along with Alan Fishman, Wolfram von Frankenberg, Alexander Koch, Lester Su, Anna Chirou, Philipp Hartmann, Patrick Kavanaugh and Hana Dhanji. Sarah Kitai advised in the early stages of the transaction.