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TPG sells Astound Broadband for USD 8.1 billion, including USD 4.5 billion worth of debt

2020-11-02 10:40:00| Telecompaper Headlines

(Telecompaper) Private equity firm Stonepeak Infrastructure Partners (Stonepeak) has agreed to buy Astound Broadband, the sixth largest US cable operator in the US, for USD 8.1 billion. TPG, another private equity firm, started looking for buyers for Astound earlier this fall. It acquired RCN and Grande for USD 2.25 billion in 2016 and a year later bought Wave Broadband in a USD 2.37 billion deal.  

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Bankruptcies, Debt Rise as Credit Hope Dwindles for E&Ps

2020-10-27 20:51:22| OGI

The amount of debt associated with oil and gas bankruptcies so far this year has reached more than $50 billion, a report shows.

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Equinox Taps Kirkland & Ellis, Centerview for Debt Advice

2020-10-22 16:12:00| National Real Estate Investor

The luxury gym operator is working with legal and financial advisers on how to manage upcoming debt obligations.

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Victory in battle against 'thuggish' debt letters

2020-10-07 01:14:10| BBC News | Business | UK Edition

Letters using block capitals and sent to those falling seriously behind on debts will be "less threatening".

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Accor Property Arm Hires Rothschild for $3.4 Billion Debt Review

2020-10-06 20:08:00| National Real Estate Investor

One of the worlds largest hotel owners hired Rothschild & Co. to lead talks with its 19 lenders and evaluate options.

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