TPG capital has got committed debt financing of US$1.75bn from Credit Suisse and UBS to pay for its acquisition of Wave Broadband, two people familiar with the matter told IFR. The private equity firm will receive a US$1.3bn leveraged loan and sell a US$450m high-yield bond, the people said. The US$2.37bn acquisition will make the combined company the sixth largest cable operator in the US.
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