NYSE:TDSWireless Telecom
Assessing Telephone and Data Systems’ Valuation After Its Expanded Credit Agreement and Added Debt Capacity
Telephone and Data Systems (TDS) just rewired its main credit agreement, extending the maturity date, stripping out certain SOFR interest add ons, and opening up an extra $300 million of secured and unsecured borrowing capacity.
See our latest analysis for Telephone and Data Systems.
The refinancing lands at a time when TDS’s share price has quietly rebuilt confidence, with an 11.05% year to date share price return and a striking 308.65% three year total shareholder return. This points to...