Largest Thai Mobile Operator True Debuts Yen Sustainability Loan [Yahoo! Finance]
TELENOR ASA S/ADR (TELNY)
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Source: Yahoo! Finance
cut financing costs as dollar interest rates remain elevated, according to people familiar with the matter. Most Read from Bloomberg Supreme Court Poised to Allow Emergency Abortions in Idaho Bolivia's President Arce Swears in New Army Chief After Coup Bid China's Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks FedEx Stokes Investors With Hint of a Freight Deal YouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging Minor The ¥109.9 billion ($685 million) borrowing by the joint venture between global telecom firm Telenor ASA and Thai conglomerate Charoen Pokphand Group will partially refinance a more expensive $2.3 billion bridge facility signed in September, the people said. That bridge loan had backed the merger of Telenor's local unit Total Access Communication Pcl and True that had created the JV, according to the people, who asked not to be identified discussing private matters. The new three-year loan pays an interest margin of 85 basis points o
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