Altice's Next Major Refinancing Wall Isn't Until 2021: Chart

(Bloomberg) -- Telecommunications holding company Altice NV won’t have to worry about a major debt refinancing operation for at least four years, when 5.9 billion euros ($7.0 billion) equivalent of debt matures in 2021, according to Bloomberg data. The owner of France’s SFR mobile network has seen its share price collapse this month as investors have become increasingly concerned about the group’s debt levels. Standard & Poor’s Global Ratings revised its outlook on the company to negative on Thursday, citing various execution risks that could prevent the group from sustaining its market positions in the core French market, reducing debt and restoring market confidence.

To contact the reporter on this story: Charles Daly in Stockholm at cdaly22@bloomberg.net.

To contact the editors responsible for this story: Tom Freke at tfreke@bloomberg.net, Eric Coleman

©2017 Bloomberg L.P.