Published on 2/26/2024 in the Prospect News High Yield Daily.
New Issue: Altice sells $375 million 9 5/8% secured notes due July 2027
By Paul A. Harris
Portland, Ore., Feb. 26 – Altice Financing SA privately placed $375 million of 9 5/8% senior secured notes due July 15, 2027 on Monday, according to an informed source.
BNP Paribas was the placement agent.
The issuer is a broadband communications and video services provider.
Issuer: | Altice Financing SA
|
Amount: | $375 million
|
Issue: | Senior secured notes
|
Maturity: | July 15, 2027
|
Placement agent: | BNP Paribas
|
Coupon: | 9 5/8%
|
First call: | July 15, 2025 at 104.813
|
Trade date: | Feb. 26
|
Settlement date: | March 11
|
Distribution: | Rule 144A and Regulation S
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.