Ten looks to refinance debt

Broadcaster hopes plan will allow it to invest, boost weak ratings.

Ten Network Holdings (TEN) is going to seek approval for a refinancing proposal that it hopes will give it room to invest in new content and boost lagging ratings, according to The Australian Financial Review.

The network reportedly hopes to refinance $150 million worth of debt related to a private placement to give it more breathing room.

The plan is expected to be announced alongside its full-year results, which will show a loss.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles