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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

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