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RSS FeedsAltice announces successful refinancing of a portion of the existing debt of its SFR and Altice International credit pools
(WorldNews Netherlands)

 
 

23 march 2017 08:50:03

 
Altice announces successful refinancing of a portion of the existing debt of its SFR and Altice International credit pools
(WorldNews Netherlands)
 


Altice announces successful refinancing of a portion of the existing debt of its SFR and Altice International credit pools, pricing EUR2.492 billion and EUR863 million of new Term Loans respectively Average maturity of debt refinanced extended by c.2 years Total annual interest cost savings of EUR60 million1 March 23, 2017 - Altice N.V. (Euronext: ATC, ATCB) announces that it has successfully priced for its SFR Group SA (Euronext: SFR) ("SFR" or "Altice France") credit pool 2.492 billion euro-equivalent2 of new 8.25-year Term Loan B`s. Closing of the new financing is subject to closing conditions and the proceeds will be used by SFR to refinance its EUR850 million April...


 
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