KKR-backed Seven West Media looks into debt refinancing
Australia’s Seven West Media, which is part-owned by KKR, is assessing bank proposals to refinance up to A$2 billion ($2.1 billion) of debt. Sources familiar with the situation told Reuters that several banks have bid to underwrite 3-5 year funding packages.
According to Bloomberg, the proceeds will be used to refinance a A$2.55 billion facility that Seven Media Group signed in February 2007 and which matures in 2013. Seven West Media owns Australia's top-rating...
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