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COMMUNICATIONS: Reports Of Bids Submitted For WBD’s TVN; Not A Spread Mover

COMMUNICATIONS

Baa3/BBB-[N]/BBB-

Proposed transaction price of PLN 5bn equates to <0.15x of WBD net leverage with the likely EBITDA reduction likely meaning a <0.1x impact. A sale has previously been discussed in the media.

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Baa3/BBB-[N]/BBB-

Proposed transaction price of PLN 5bn equates to <0.15x of WBD net leverage with the likely EBITDA reduction likely meaning a <0.1x impact. A sale has previously been discussed in the media.

Keep reading...Show less