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The latest update is out from Canal+ ( (GB:CAN) ).
Canal+ SA has secured a €1.8 billion syndicated financing package as part of its ongoing refinancing strategy, comprising a €500 million 12-month term loan extendable up to 24 months and a €1.3 billion 5-year term loan on favorable terms. The deal, which was heavily oversubscribed by a group of leading international banks, will refinance acquisition debt linked to MultiChoice maturing in July 2026 and fund general corporate purposes, marking the final step in restructuring that specific debt and further extending and diversifying the group’s debt maturity profile; management highlighted that, following earlier Schuldschein and bond transactions this year, the new facility underscores Canal+’s financial strength, long-term visibility, and flexibility to execute its strategy and support future growth.
The most recent analyst rating on (GB:CAN) stock is a Hold with a £278.00 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.
Spark’s Take on GB:CAN Stock
According to Spark, TipRanks’ AI Analyst, GB:CAN is a Neutral.
Canal+’s overall score is driven by strong technical indicators and positive corporate events, particularly strategic acquisitions and capital management. However, financial performance is hindered by profitability issues and a negative P/E ratio, impacting the valuation score.
To see Spark’s full report on GB:CAN stock, click here.
More about Canal+
Canal+ SA is a Europe-based media and entertainment group best known for its pay-TV operations and content distribution platforms. Listed in London, the company focuses on premium television, film, and sports broadcasting services, and pursues growth through strategic acquisitions such as its investment in African pay-TV operator MultiChoice.
Average Trading Volume: 1,027,965
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.39B
See more data about CAN stock on TipRanks’ Stock Analysis page.