| Bankers are lining up a 1.5 billion euro ($2.05 billion) debt financing to back a potential formal bid for broadcasting masts group TDF's French unit by Canadian pension fund PSP Investment, banking sources said on Monday.
TDF owners TPG, Ardian, Charterhouse and French sovereign wealth fund FSI decided last year to sell the company, hiring Goldman Sachs and Rothschild to manage the process. They hoped to fetch 4 billion euros to be able to repay TDF's 3.8 billion euro debt pile and avoid a costly restructuring............................................Full Article: Source
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