Numericable might tap bond after results bounce

02 Aug 2012

Numericable, the French cable operator, enjoyed a bounce in the bond market after announcing a good set of second quarter results on Wednesday.

The company, which was put together by its sponsors Altice and Cinven through a consolidation of several cable operators in 2005, saw its €350m 12.375% 2019 bonds edge up after the results.

The bonds were trading close to 102.00 on Wednesday, yielding just below 12% — a strong improvement ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial