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New Deal


Announced

Elliott to invest in Windstream for Chapter 11 exit.

Financials

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Transaction Value£555m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Telecommunications Services: Other

voice communication

communications provider

United States

Restructuring

Cross Border

Private

Single Bidder

Pending

Majority

Friendly

Private Equity

Acquisition

Synopsis

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Elliott Management, an American investment management firm, agreed invest in Windstream, a telecommunications company, for Chapter 11 exit. Elliott and other lenders will supply $750m in equity financing and are taking 100% ownership under the chapter 11 plan.

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