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Make IT Update

Luther Luxembourg to advise the Cable Investor Altice on the financing for the €7.4 Billion cross border acquisition of PT Portugal SGPS, S.A. and certain other entities that make up the Portuguese assets of Portugal Telecom Group.

The financing of the acquisition has been made mainly through the issuance of high yield notes consisting of €2.1 billion (equivalent) of senior notes issued by Altice S.A., €2.3 billion (equivalent)

Luther Luxembourg to advise the Cable Investor Altice on the financing for the €7.4 Billion cross border acquisition of PT Portugal SGPS, S.A. and certain other entities that make up the Portuguese assets of Portugal Telecom Group.

The financing of the acquisition has been made mainly through the issuance of high yield notes consisting of €2.1 billion (equivalent) of senior notes issued by Altice S.A., €2.3 billion (equivalent)

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