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Published on 9/27/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Altice will conditionally redeem 7 3/8% senior secured notes due 2026

Chicago, Sept. 27 – Altice Financing SA gave notice of conditional redemption for its $2,308,000,000 outstanding 7 3/8% senior secured notes due 2026 (ISIN: US67054KAA79, USF6628RAA17), according to an announcement.

The notes will be redeemed on Oct. 7 at 103.688 plus accrued interest to the redemption date.

The interest due will be $38,771,194.44 for a final redemption amount of $2,431,890,234.44.

The redemption is conditioned upon Altice obtaining debt or other financing for the redemption on terms and conditions satisfactory to the issuer.

Deutsche Bank Trust Co. Americas is the trustee and paying agent.

Altice is a Paris-based telecom.


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