Internet/wireless provider Telenet closed a €60 million ($67.2 million) revolving credit facility with the Bank of Nova Scotia as facility agent.

According to a related 8-K filing, the final maturity date for the revolving loan ap facility is December 31, 2021. The facility bears interest at a rate of EURIBOR plus 2.25% per annum subject to a EURIBOR floor of 0%. The revolving loan ap facility can be utilized by Telenet International Finance for general corporate purposes and/or working capital purposes, including without limitation, the redemption, refinancing, repayment or prepayment of existing indebtedness of any member of the group (as defined in the credit agreement) and the payment of any fees and expenses in connection with the Revolving Loan AP Facility or other transactions related

The additional facility ap accession agreement provides that the lenders under the revolving loan ap facility consent to the amendments to the covenants and other provisions of the credit agreement and the finance documents (as defined in the credit agreement) outlined in the additional facility ap accession agreement.