Altice  7.25% 15 May 2022

Business Description

Altice Europe (ATC & ATCB), listed on Euronext Amsterdam, is a convergent leader in telecoms, content, media, entertainment and advertising. Altice delivers innovative, customer-centric products and solutions that connect and unlock the limitless potential of its over 30 million customers over fibre networks and mobile broadband.

Altice is also a provider of enterprise digital solutions to millions of business customers. The company innovates with technology, research and development and enables people to live out their passions by providing original content, high-quality and compelling TV shows, and international, national and local news channels. Altice delivers live broadcast premium sports events and enables its customers to enjoy the most well-known media and entertainment.

Bond Information

Coupon

7.25%

Maturity Date

15 May 2022

Repaid On

23 Oct 2019

Interest Period

6 months

ISIN

XS1061642317

Asset Security

Senior Unsecured

Amount

€2,075,000,000

Ratings

S&P:  B-, Moody's:  Caa1

Call Schedule

15 May 2017 at 105.438
15 May 2018 at 103.625
15 May 2019 at 101.813
15 May 2020 at 100

Status

Repaid

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Company Legal Name

Altice S.A.

Industry

Cable & Telecoms

Country of Origin

Netherlands

Year of Incorporation

2001

Ownership Status

Public

Capital Structure

Senior Debt 80%

Junior Debt 8%

Equity 12%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Source: Public Company Information

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.

Market cap as of 30.04.2019. Source: Bloomberg

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company Information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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