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Voyage Digital launches NZ$1.35 billion equivalent term loan B
By Sara Rosenberg
New York, Feb. 16 – Voyage Digital (NZ) Ltd. held a lender call at 4 p.m. ET on Wednesday to launch a NZ$1.35 billion equivalent U.S. dollar and New Zealand dollar senior secured term loan B, according to a market source.
Morgan Stanley Senior Funding Inc. is the lead on the deal.
Proceeds will be used to finance the acquisition of Two Degrees Group Ltd. and repay existing debt at Two Degrees and Voyage Australia Pty Ltd.
Voyage Digital, a joint venture between Macquarie Asset Management and Aware Super, is a telecommunications company.
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