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General

Cablevision Argentina places USD 500 mln 5-year bond

Friday 10 June 2016 | 12:11 CET | News
Argentinian cable TV operator Cablevision has placed a USD 500 million bond with a yield of 6.5 percent, below the initial guidance, reports IFR. The debt instruments have a five-year term and may not be redeemed until the third. The demand for the securities amounted to USD 3.3 billion and the funds raised will be used to refinance existing debt and for general corporate purposes, said the report.

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Categories: General
Companies: Cablevision
Countries: Argentina
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