Numericable-Altice bonds 10 times oversubscribed

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Numericable-Altice bonds 10 times oversubscribed

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Demand for the record-breaking Numericable-Altice high yield bond financing has been exceptional. The biggest ever high yield issue, €12bn of senior notes from French cable company Numericable and its main shareholder Altice, was 10 times oversubscribed and is being priced today.

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