Syndication closed on Altice French broadband loan

In:

Telecoms and Communications

Region:

Europe

By Sean Keating

Syndication of the €1.925 billion ($2.1 billion) debt package backing the Altice/SFR FTTH French broadband network acquisition/expansion has closed. Altice sold 49.99% of its French fibre-optic network to OMERS, Allianz and AXA in December 2018. The acquisition financing was pure equity but is...

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