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General

Altice Europe announces new debt refinancing, simplifies group capital structure

Friday 24 January 2020 | 10:46 CET | News
Altice is finalising a three-part transaction to refinance part of its debt and achieve a simpler capital structure through the removal of Altice Luxembourg HoldCo, a subsidiary of holding company Altice Luxembourg. As announced last year, the group plans to refinance most of its debt on better terms over a two-year period, with a target of EUR 700 million annual cash interest savings. So far, it has achieved EUR 363 million in savings on a pro forma basis, out of its EUR 700 million objective.

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Categories: General
Companies: Altice Europe / Altice France
Countries: Europe / France
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