Matterhorn Telecom S.A. Announces the Pricing of a Private Placement of its CHF-Denominated Senior Secured Notes
May 22, 2024
Matterhorn Telecom S.A. (the “Company”) has today entered into a private placement (“Private Placement”) pursuant to which it intends to issue CHF 100,000,000 in aggregate principal amount of Senior Secured Notes due 2028 (the “Notes”), which have the same terms as its existing CHF-denominated senior secured notes. The Private Placement is expected to close on or about June 3, 2024, and is subject to customary closing conditions. The proceeds from the Private Placement, will be used to (i) refinance a portion of its existing indebtedness on or prior to its maturity, and (ii) pay certain fees and expenses relating to the Private Placement.
Salt announces the successful syndication of a new €150 million term loan facility
January 26, 2024
Salt announced today the successful syndication of a new €150 million term loan facility availed by Matterhorn Telecom S.A. (“Borrower”) as an incremental facility under its existing senior facilities agreement. The new facility will be priced at an OID of 99.5, and have substantially the same terms as, and will be fungible with, the Borrower’s existing term loan facility (including with respect to the applicable margin). The proceeds from the drawing under the new facility are intended to be used to partially refinance the existing 2.625% Senior Secured Notes due September 15, 2024, at or prior to maturity.
Matterhorn Telecom S.A. Announces Pricing of Senior Secured Notes Offering
July 12, 2023
Matterhorn Telecom S.A. (the “Company”) today announces the pricing of an offering of CHF 100 million aggregate principal amount of Senior Secured Notes due 2028 (the “Notes”). The Notes were priced at 100% of their aggregate principal amount and the coupon will be 5.250% per annum (the “Offering”). The Senior Secured Notes have been assigned a rating of 'BB-' by S&P Global Ratings and a rating of 'BB+(EXP)'/'RR2' by Fitch Ratings.