Commentary & Deal Flow

Canal+ SA, a leading global media and entertainment company with more than 40 million subscribers in over 70 countries, (ticker: "CAN LN", country: FR) Unrated, has mandated a syndicate of banks to arrange a series of fixed-income investor calls starting on 11-May-26. A pre-recorded investor presentation (with voiceover) will also be made available. Crédit Agricole CIB is coordinating logistics.

An unrated € Benchmark, Reg S Bearer, fixed-rate, senior unsecured Bond offering with a 6-year maturity may follow, subject to market conditions.

• Joint Global Coordinators: BNP Paribas, BofA Securities, CIC CIB, Crédit Agricole CIB, Natixis and Société Générale
• Joint Bookrunners: Commerzbank, Mizuho and Standard Chartered Bank AG
• Use of Proceeds: The net proceeds of the Notes issuance will be used by the Issuer for general corporate purposes, including the refinancing of the outstanding €500 million senior unsecured bridge loan facility which was entered into in Dec-25 with an initial maturity in Dec-26 and on which some of the Global Coordinators and Joint Bookrunners are lenders.
• Documentation: Standalone
• Listing: Euro MTF market of the Luxembourg Stock Exchange