NielsjeB schreef op 23 november 2015 18:55:
Altice NV : Altice updates on market transaction by Next Alt S.à r.l.
Altice updates on market transaction by Next Alt S.à r.l.
November 23, 2015 - Altice N.V. (Euronext: ATC, ATCB, "Altice") today announced that its controlling shareholder Next Alt S.à r.l. ("Next") has entered into a funded collar transaction over 81.2 million A shares of Altice, representing 13.8% of its shareholding in Altice shares, or 7.5% of all outstanding shares of Altice. To facilitate the collar transaction, Next has loaned the shares underlying the collar to Goldman Sachs International, and Goldman Sachs International is selling approximately 61 million Altice N.V. A-shares to institutional investors to establish its initial hedge for the collar.
Next will use the proceeds of the funded collar transaction to prepay all of Next's outstanding loans which were originally set up to acquire Altice shares from minority investors and managers after the IPO as well as to buy out some of Altice's historical, pre-IPO shareholders. Following this prepayment, all pledges will be released, leaving all remaining Altice shares owned by Next free of any encumbrances. Next's control position in Altice will remain unchanged with 61.4% of the voting rights in Altice N.V., Next being 100% owned and controlled by Patrick Drahi.
Next has entered into a 150-day lock-up.
Altice confirms its updated guidance for 2015, specifically:
Numericable-SFR: 2015 Adjusted EBITDA >= €3.85bn and 2015 EBITDA - Capex >= €2.0bn;
Altice International: 2015 Adjusted EBITDA >= €1.925bn and 2015 Capex to Sales: high teens.
Bron:
hugin.info/156399/R/1968855/719531.pdfWie bovenstaand bericht snapt mag het zeggen. Weer het betere Altice-schuifwerk met aandelen en schulden.
Mooie dag vandaag voor de koers. Als het morgen nog zo'n dagje wordt koop ik weer puts. Zoals hierboven door Mariana al vermeld wordt is de volatiliteit echt smullen.