0
General

Altice Europe refinances debt on better terms

Monday 16 September 2019 | 09:58 CET | News
Altice has announced a refinancing transaction that will help improve its liquidity profile and significantly reduce its annual cash interest cost, with interest savings in excess of EUR 65 million per year. The group said that its plans to refinance most of its debt in the next two years to reach up to EUR 700 million annual cash interest savings through both average cost and debt reduction.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Altice Europe / Altice France
Countries: Europe / France
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altice Europe pays down debt, extends maturity of credit facility

Published 20 May 2020 09:35 CET | Europe
Altice Europe said it will be paying back EUR 668 million of its Altice Corporate Financing facility and also extending that ...

Altice Europe announces new debt refinancing, simplifies group capital structure

Published 24 Jan 2020 10:46 CET | Europe
Altice is finalising a three-part transaction to refinance part of its debt and achieve a simpler capital structure through the ...

Altice Europe completes new debt refinancing transaction

Published 09 Jan 2020 10:02 CET | Europe
Altice said that it has made further progress in its deleveraging strategy, successfully refinancing part of its debt on better ...

Altice USA buys back more shares from shareholders BCP, CPPIB

Published 11 Sep 2019 09:01 CET | United States
Altice USA said that shareholders BC Partners (BCP) and Canada Pension Plan Investment Board (CPPIB) have sold more shares in the ...

Iliad seeks EUR 216 mln in damages from Altice over Virgin Mobile deal in 2014 – report

Published 10 Sep 2019 11:00 CET | France
Iliad's Free is seeking EUR 216 million in damages from Altice France for illegal practices during the sale process of MVNO ...

Altice France raises FY objectives, as EBITDA growth accelerates to 10% in Q2

Published 01 Aug 2019 11:26 CET | France
Altice Europe raised its FY operating free cash flow guidance and the revenue/EBITDA outlook for its French operations, as it ...