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COMMUNICATIONS: Vivendi Transfers Small Assets To Canal+; Not A Mover

COMMUNICATIONS

Baa2             25s/26s/27s muted today but +10c/20c/80c on the month at EUR 98.3/99.4/95.7

There are Vivendi headlines from Friday’s close about a transfer of assets to Canal+; the relevant press release notes that this is for the sake of consistency and makes no mention made of the group breakup plan. Could be read as pre-breakup house-cleaning. The units/amounts involved are negligible.

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Baa2             25s/26s/27s muted today but +10c/20c/80c on the month at EUR 98.3/99.4/95.7

There are Vivendi headlines from Friday’s close about a transfer of assets to Canal+; the relevant press release notes that this is for the sake of consistency and makes no mention made of the group breakup plan. Could be read as pre-breakup house-cleaning. The units/amounts involved are negligible.

Keep reading...Show less