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Street Talk

CBA keeps PPB Advisory on notice for Ten Network

Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis

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With Ten Network's billionaire shareholders in the spotlight, it's easy to forget who the television network has to repay at the end of the year.

Commonwealth Bank of Australia has a $200 million loan on the hook, of which $66.2 million had been drawn down as at April 26.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au

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Original URL: https://www.afr.com/street-talk/cba-keeps-ppb-advisory-on-notice-for-ten-network-20170517-gw7f2p