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Altice in US$3.8bn debt refi in a bid to strengthen liquidity profile

Connectivity BusinessbyConnectivity Business
September 12, 2016
in Financing, Space Services
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Altice‘s US subsidiary CSC Holdings has priced a US$2.5bn eight-year senior secured term loan and US$1.31bn 10.5-year senior guaranteed notes. The offer, which was addressed to institutional investors, will be used by cableco Optimum, previously branded as Cablevision, to refinance US$3.8bn in loans under its existing term loan facility that matures in October 2022. Altice (AMS:ATC) US subsidiary […]

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Tags: AlticeAltice USACablevisionCSC HoldingsNorth AmericaOptimumPremiumSFRTF249
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