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Issuers
Cell C signs €240 million credit agreement with Chinese bank
Wednesday, September 1, 2010
South African network operator Cell C has announced a €240 million credit agreement with China Development Bank. Proceeds will be used to refinance a portion of Cell C’s euro-denominated senior secured notes, of which €116 million is currently outstanding and callable at 102.156. The company also has $266 million of dollar-denominated subordinated notes due 2015, which are callable at 105.5 currently.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
