TalkTalk chief Dunstone reaches agreement on £400m deal ... - Sky News
Aug 12, 2024 · The broadband provider, which has nearly four million UK customers, will announce it has reached an outline agreement to extend its debt maturities to 2027, Sky News learns.
TalkTalk founder in £400m pledge to win lenders' backing
Jul 26, 2024 · The founder of TalkTalk has pledged a £400m package to the company's lenders in a bid to win their support for a wide-ranging refinancing.
TalkTalk owners weigh £3bn sale as suitors come calling
Apr 8, 2022 · TalkTalk's shareholders have been alerted to potential offers as Vodafone weighs a takeover approach for the privately owned company, Sky News learns.
UK broadband company TalkTalk to split into three, CEO to step …
Sep 27, 2023 · TalkTalk, a British broadband company owned by Toscafund, said on Wednesday it would split into three standalone companies focused on business-to-business wholesale telecoms services, consumer...
Talktalk agrees £400m lifeline as leadership changes confirmed
Aug 12, 2024 · Talktalk has agreed the key terms of a refinancing deal which will hand the telecommunications giant a £400m lifeline, it has been confirmed. The Salford-headquartered company has been in talks...
Sir Charles Dunstone injects £65m to save TalkTalk from collapse
Aug 13, 2024 · TalkTalk has narrowly avoided collapse, securing an emergency lifeline from its billionaire founder, Sir Charles Dunstone. Alongside other shareholders, Dunstone has agreed to inject £65 million into the struggling broadband business, a move crucial to sidestepping an impending debt default.
TalkTalk keeps the lights on with £400m refinancing deal
Aug 12, 2024 · UK telco TalkTalk has agreed the key terms of a new funding deal with its lenders, averting a damaging debt crisis. The embattled operator has revolving credit facilities (RCFs) maturing in November, and senior secured notes (SSN) due in February 2025, which together represent around 60 percent of its secured debt.
TalkTalk faces fresh debt squeeze after founder’s £400m bailout
Sep 8, 2024 · TalkTalk is facing a fresh financial squeeze after an eleventh-hour rescue deal by its founder imposed punishing new debt costs on the struggling broadband provider. The business received an...
TalkTalk debt crisis escalates as sell-off falls through - MSN
An attempt to prop up the debt-laden broadband provider TalkTalk by selling its wholesale arm has fallen through after the Australian investment giant Macquarie retreated from deal talks.
TalkTalk races to secure £200m lifeline from founder - The Telegraph
Jul 21, 2024 · TalkTalk is scrambling to finalise a £200m lifeline from founder Sir Charles Dunstone as the company seeks to stave off collapse. In its latest annual report, seen by The Telegraph,...