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Sogecable will realize an extension of capital to amortize loans
Sogecable decides an extension capital to early amortize the participating loans granted by the partners Haste, Telephone of Contenidos and Vivendi Universal

Sogecable makes specific that the purpose of the extension is to early amortize loans that to 31 of March totalized 177.8 million Euros.

The operator of pay television explains that the operation will allow to reduce In the call for the meeting of shareholders is had including a new point of the daily routine in which authorization is asked for so that the advice can decide an emission action with a nominal value of up to 20 million Euros excluding the preferred right.

The holders of the loans (Telephone, Prisa and Vivendi) are also the main shareholders of Sogecable, with participation of 24.8% in the case of Telephone, of 23.73% in quickly and 16% in the case of Vivendi.


(Several, 06-04-05)







 
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