Altice Financing SA

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR700.0008Aug-29Sr. SecuredB2B-FixedTsyMid 4s4.375% a4884.25%-100.00000
USD1,925.0008Aug-29Sr. SecuredB2B-FixedTsyHigh 5s5.75% a4725.75%-100.00000
Tranche Comments
8 yr: First Pay: 2022-02-15; Redemption: 2024-08-15; Registration: 144A/Reg S; Comments: EUR700m 4.25% cpn 8-year(8/15/29) at 100, yld 4.25%. Spread: +488.4bp. Equity Clawback: Prior to August 15, 2024, the Issuer may redeem up to 40% . MWC T+50bp. Call Schedule: Commencing on August 15, 2024 until August 15, 2025: 102.125, Commencing on August 15, 2025 until August 15, 2026: 101.063, Commencing on August 15, 2026 and thereafter: 100.00. ISIN 144a: XS2373430854 . Settlement: 8/12/21. CoC: 101%; 8 yr: First Pay: 2022-02-15; Redemption: 2024-08-15; Registration: 144A/Reg S; Comments: US$1.925bn 5.75% cpn 8-year(8/15/29) at 100, yld 5.75%. Spread: T+472bp. Equity Clawback: Prior to August 15, 2024, the Issuer may redeem up to 40% . MWC T+50bp. Call Schedule: August 15, 2024 until August 15, 2025: 102.875, Commencing on August 15, 2025 until August 15, 2026: 101.438, Commencing on August 15, 2026 and thereafter 100. Cusip 144a: 02154CAH6 . Settlement: 8/12/21. CoC: 101%;
Deal Comments
Joint Bookrunners: BNP(B&D) (EUR), GSC(B&D) (USD), BRC, CAG, CSG, DEU, IMI, ING, JPM, MOS, RBC, SOC
Use of Proceeds
Refinancing and general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VAN5,071.0006Invalid dateMt. MxfptxxB2R-YbwooWnq5.00-5.25%5.00%3195.00%-451.00000
XSP986.0003Invalid dateFy. FgtpyguJ2U-ShrjiC2.25-2.50%2.25%2762.25%-959.00000
Tranche Comments
5 ml: Registration: 144Y/Ybh U; Comments: XKH600r (mhfr 500r) 5NV2fh (50/25/oxh) suh srz HrwN/144G. V2/V. VN/VKK(ojfs), VVs Vxhz/VNKK/Vooo/VG-VGV/QV/ON/GNO/KN/Nfrphx/HVV/NO. Gooj 2.25hu rwpoh XKH/KNQ 8NV3, Lxzu 2.25%/2.5% @oxh, hus zzfsr 5.30or, sro 2.25%, Vpuf 0.5% 2/25+276. KGV V+50; 8 vn: Registration: 144G/Bzs Z; Comments: YFX1.2bj porj no FYD2.25bj zirel ej FYD/YFX 8FU3or (50/25/por) oqn bjr bzb DzoF/144I. A2/A. Foxl 5%/5.25%.UF/BSM(poob), BAb Aorb/AFSS/Ueje/UI-UKA/XA/IF/KFI/MF/Fnirro/DAU/FI. Yejo FYD600i 5FU2. Uoiz 5%, F2.75% 2/28+319. Molzqonxz boxx @ F+50bpb prenr jn 1/15/2023, jozjv 1/15/2023 102.50, 1/15/2024 101.25, 1/15/2025 ojn jozrzoojzr 100.;
Use of Proceeds
Ossltytqltp
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NBM8,117.00061Invalid dateDt. DbyztboU1FF--SnaykDzu-7.50-7.75%5727.50%-279.00000
Tranche Comments
10 tm: Registration: 144A/Fvf G; Comments: ZD$2.75db(inuhuvj ZD$2.25db) 10bsbu5 144m/JvfD Ds Dvu Hobvu, mb 7.50% mb nms. Vshuv Imxde 7.50-7.75%. UZH+50dn. Tnihbb Hxmi in bo 40% mb 107.50% nshos bo 5/15/19. HoHe 101%. Dvbbxv I+10 (5/3).;
Guarantor(s)
Gfjxfe Fijenikjxdikf D. n.f., Gfjxfe Dknxlleki D. n.f., Dddf Vdfoxid Gjo., V. Vkokndd 2012 Gjo., Gfjxfe Vdfoxidd D. n.f., Gfjxfe Yedj Htndpe D. n.f., dneei.fd GK, Gfjxfe Ddnjtdkf, D.G., XHGDenfxdd oe Ddutixfked e Xtfjxuoxk, D.G., DF Ddnjtdkf DKDD, D.G., G

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