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DTAC gets $390bn to refinance debt
Total Access Communication Plc, Thailand's second-largest mobile-phone operator, got $390 million in loans to refinance debt, said the company's chief financial officer Petter-Borre Furberg.
Total Access, based in Bangkok, wants to cut its debt to less than two times its earnings before interest, tax, depreciation and amortization, or Ebitda, by 2007, Furberg said on Friday in an interview. Its debt is now 2.6 times of Ebitda, down from 4.71 times in 2001, Bloomberg data shows.
Total Access,......
