Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Kabel Deutschland Increases New U.S. Loan by 50% to $750 Million

Jan. 23 (Bloomberg) -- Kabel Deutschland Holding AG, Germany’s largest cable television operator, said it increased its new U.S. term loan by 50 percent to $750 million because of “significant” demand from investors.

The seven-year loan was priced at 98.5 cents on the dollar and pays interest of 3.25 percentage points more than the London interbank offered rate, the Munich-based company said today in a statement. The facility has a 1 percent Libor floor.

Kabel Deutschland is also seeking lender approval by Feb. 1 to extend the maturities of its existing term loan A and term loan C to March 2017 from 2014, according to the statement. Loans designated A are sold primarily to banks, while C credits are mainly bought by non-bank lenders.

Goldman Sachs Group Inc., BNP Paribas SA, Deutsche Bank AG, JPMorgan Chase & Co., Morgan Stanley and Royal Bank of Scotland Group Plc are managing the loan order book and the extension request.

To contact the reporter on this story: Patricia Kuo in London at

To contact the editor responsible for this story: Faris Khan at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.