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Suddenlink to offer US$815m term loan to optimise debt structure

Connectivity BusinessbyConnectivity Business
October 24, 2016
in Financing, Space Services
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Altice’s US cable operator Suddenlink has priced a US$815m term loan maturing in 2025. The leverage-neutral transaction is designed to optimise Suddenlink’s capital structure and brings the total amount of debt refinanced across the Altice Group in 2016 to just over €21bn (US$22.9bn), the company said in a statement. Altice’s (AMS:ATC) US cable operator Suddenlink has priced a US$815m term loan maturing […]

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Tags: AlticeAltice USACablevisionNorth AmericaOptimumPremiumSuddenlinkTF250
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