Macquarie-Owned Fiber Provider Taps Debt Advisors Amid Cash Burn
UK broadband provider KCOM Group Limited and its lenders are gearing up for debt talks as the business owned by Macquarie burns through cash.
KCOM, which operates in the north of England, is working with advisors including PJT Partners Inc., according to people familiar with the matter. The company's bank lenders have also heard advisory pitches in recent days ahead of the talks, according to people with knowledge of the matter, who spoke on condition of anonymity because the details aren't public.
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