Silicon Canals
No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • AI and chatbots
    • FinTech
    • Business Wire
    • Travel & Mobility
    • Coin Canals
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Amsterdam
    • Community partners
    • Remote: Tech Talent Report
    • Guest Contributions
  • Find a job
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Sign up for our newsletter!
    • Contribute your content
    • Team
    • About us
  • Partner with us
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • AI and chatbots
    • FinTech
    • Business Wire
    • Travel & Mobility
    • Coin Canals
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Amsterdam
    • Community partners
    • Remote: Tech Talent Report
    • Guest Contributions
  • Find a job
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Sign up for our newsletter!
    • Contribute your content
    • Team
    • About us
  • Partner with us
No Result
View All Result
Silicon Canals
No Result
View All Result

Global investment firm KKR provides €87M to UK-based TalkTalk: Know more

Vignesh R. by Vignesh R.
September 8, 2023
in (Crowd)funding, News, Startups
KKR TalkTalk

Image credits: chrisdorney/DepositPhotos

LinkedInTwitterWhatsAppFacebook
Read this article in:

KKR, a renowned global investment firm, announced on Friday that its credit business, responsible for managing funds and accounts, has agreed to provide a £75M (approximately €87M) non-recourse financing facility to TalkTalk. 

TalkTalk is a value for money connectivity provider in the UK that believes in simple, affordable, reliable and fair connectivity to everyone. From its HQ in Salford, TalkTalk is rolling out the UK’s latest fibre technology, bringing 100 per cent full fibre directly into homes and businesses across Britain.

The facility is backed by accounts receivables from TalkTalk and subsidiaries, replacing a £75M facility maturing in 2023. The new facility will give TalkTalk additional liquidity for approximately three years.

Advisory firm Demica served as TalkTalk’s advisor. It will also serve as the reporting and calculation agent for the programme, ensuring smooth execution and management of the financing facility.

KKR: global investment firm

KKR is a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. 

The investment firm  sponsors funds that invest in private equity, credit and real assets, and has strategic partners that manage hedge funds. 

KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group.

“We are pleased to use our experience in receivable financing globally to support TalkTalk with capital that will help the company continue to grow and connect consumers and businesses across the United Kingdom,” says Giacomo Picco, Managing Director at KKR.

Tags: fundingnewsstartups
ShareTweetSendShare

Partner content | Partner with us

Dutch-Swiss startup Cradle raises €21.9M for pioneering Generative AI in protein design

Accelerate your startup: Philips Innovation Award 2024 for student innovators and recent graduates!

Breaking Barriers: How PE Front Office drives success for Investment Management and Investor Relations Teams in Private Equity and Private Debt

These are the top tools to supercharge your e-commerce business in Europe in 2024

Amsterdam’s ImpactPilot set to revolutionise customer success through HubSpot integration

Silicon Canals | Find a job

Top news | from Amsterdam

Amsterdam’s LAYCO raises €300K to make healthcare more sustainable and accessible

Meet the winners of the Amsterdam Science & Innovation Award 2023

Amsterdam’s grocery app Crisp bags €35M from Adriaan Mol, Thomas Plantenga, others 

Amsterdam fintech Silverflow raises €15M to fuel its “aggressive” global expansion plans

Amsterdam’s Joanna Invests unveils €5M package deal to invest €5M in female founders

  • About Silicon Canals
  • Partner with Silicon Canals
  • Impressum
  • Contact us
  • Sign up for our newsletter!
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • AI and chatbots
    • FinTech
    • Business Wire
    • Travel & Mobility
    • Coin Canals
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Amsterdam
    • Community partners
    • Remote: Tech Talent Report
    • Guest Contributions
  • Find a job
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Sign up for our newsletter!
    • Contribute your content
    • Team
    • About us
  • Partner with us

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

X
X