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Canal+ SA - Paris-based media and telecommunications conglomerate - Increases size of bond offering first announced last week to €700 million from €500 million. The senior unsecured notes due 2030 will carry an annual coupon of 4.625%. Canal+ says the offering was increased in response to oversubscription, noting the orderbook reached €4.7 billion. The money will be used for general corporate purposes, including to pay off part of the €1.46 billion outstanding on a bridge lending facility put in place to complete the acquisition last month of Johannesburg-based entertainment company MultiChoice Group Ltd. Current stock price: 254.30 pence 12-month change: down from 290p initial public offering price in December 2024 Copyright 2025 Alliance News Ltd. All Rights Reserved.
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