Brookfield Infrastructure €3.55 billion acquisition of TDF France from TPG Capital

Overview:

• A consortium made up of Brookfield Infrastructure Group, Public Sector Pension Investment Board (PSP Investments), APG Asset Management and Arcus Infrastructure Partners completed the acquisition of 100% of the shares of communication tower company TDF's French business from TPG Capital. 
• The enterprise value of the deal was in the region of €3.55 billion.
• Financing for the deal included a €1.4 billion secured term loan and a €250 million revolving credit facility.
• TDF is the largest independent communication tower infrastructure business in France, and the transaction will leverage its existing indebtedness. 

John Crabb - Journalist