JP Morgan

Vivendi completes sale of 20% stake in Numericable-SFR

Vivendi has completed the sale of its 20% stake in Numericable-SFR at a price of €40 a share.  The media group received a cash payment of €1.8 billion from Numericable-SFR, net of a €116 million price adjustment related to SFR’s debt at the end of November. Numericable-SFR’s board has said that the the entirety of […]

Ziggo to refinance debt with €800m loan

Dutch cable operator Ziggo has received loan commitments from a number of banks to raise €800m, which it said it would use to partially refinance its existing debt.  The new credit facility will be provided by ABN Amro Bank, BNP Paribas Fortis, Cooperative Centrale Raiffeisen Boerenleenbank, Credit Suisse, Goldman Sachs, ING-DiBa, JP Morgan, Morgan Stanley, […]