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电话和数据系统公司获得3.75亿美元的无担保债务融资

2024-05-03 20:09

  • Telephone and Data Systems (NYSE:TDS) said it has closed a $375 million unsecured debt financing with funds managed by Oaktree Capital Management.
  • The company said it will use the proceeds for general corporate purposes, including the advancement of TDS Telecom's fiber build program.
  • "This transaction will provide TDS with additional access to capital to support our fiber program which includes investing in communities throughout the US with quality broadband connectivity," said CFO, Vicki Villacrez.
  • The transaction is structured as a five-year loan with the option to be repaid at any time, subject to applicable call protections.

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