The world’s best borrowers in 2006
In 2005 there was a marked increase in leveraged finance activity in Greece. Greek mobile phone operator Tim Hellas stands out for a number of reasons, not least the fact that it has executed good deals at opportune moments, raising its money at decent levels and in interesting structures, including a PIK note.
Tim Hellas has been one of the biggest and most interesting issuers in the high-yield market because it has raised €250 million of senior facilities, €1.3
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