Altice France, operating under the SFR brand, is a major telecommunications company in France offering fixed-line and mobile telephony, broadband internet access, and television services to residential and business customers.
An investment opportunity is presented in a USD-denominated bond (ISIN: USF0266LAA47, CUSIP: F0266LAA4) issued by Altice France, operating as SFR Group, a prominent French telecommunications and media provider of mobile, fixed, internet, and television services; this bond, maturing on February 1, 2027, features an 8.125% coupon paid semi-annually, is part of a $1,750,000,000 total issuance with a minimum purchase size of $200,000, and is currently trading at 81.63% of par, reflecting its speculative-grade credit rating of CCC+ from Standard & Poor's, which denotes a very high level of credit risk.
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