Thu 05/18/2023 12:39 PM
German cable TV group Tele Columbus is working with Perella regarding its capital structure, sources told Reorg.
The company has a €707 million term loan due 2024 and €650 million senior secured notes due 2025.
Management highlighted in the ‘Liquidity Risk’ section of its
2022 report that a liquidity gap will arise in the fourth quarter of 2023, which will increase in the following months.
Management said it is expected that such a liquidity gap will be closed by a capital injection by...
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