IN BRIEF: Canal+ increases five-year bond offering to EUR700 million
27th Nov 2025 12:41
Canal+ SA - Paris-based media and telecommunications conglomerate - Increases size of bond offering first announced last week to EUR700 million from EUR500 million. The senior unsecured notes due 2030 will carry an annual coupon of 4.625%. Canal+ says the offering was increased in response to oversubscription, noting the orderbook reached EUR4.7 billion. The money will be used for general corporate purposes, including to pay off part of the EUR1.46 billion outstanding on a bridge lending facility put in place to complete the acquisition last month of Johannesburg-based entertainment company MultiChoice Group Ltd. Read More