Analysts welcome Cableuropa's €250m equity injection

Leading European high-yield analysts have welcomed Cableuropa's €250m ($212m) equity injection from its shareholders after its aborted IPO, but the company's bonds continue to suffer in general market gloom.

Cableuropa's principle shareholders stepped in late Tuesday afternoon with €250m of new equity capital. Earlier in the day the company had to pull its €270m IPO.

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