Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Altice NV > News item |
CSC Holdings (Altice) to sell $2.7 billion two-part notes on Monday
By Paul A. Harris
Portland, Ore., Aug. 3 – CSC Holdings LLC (Altice) is in the market with $2.7 billion of high-yield notes in two tranches, market sources say.
The drive-by deal includes a $1.7 billion add-on to the 4 5/8% notes due Dec. 1, 2030 (B3/B) with initial price talk of 103 and $1 billion of new 10.5-year notes with 5.5 years of call protection and with initial talk in the high 3% area.
J.P. Morgan Securities LLC is the lead.
The issuer is a New York-based telecommunications company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.