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Choice Cable TV

Founded Year



Acquired | Acquired



About Choice Cable TV

Puerto Rico Cable Acquisition Company, dba Choice Cable TV is a cable and broadband services provider in Puerto Rico.

Headquarters Location

Puerto Rico


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Latest Choice Cable TV News

Alcentra Capital Corporation Provides $7.5 Million in Second Lien Debt to Recapitalize Choice Cable TV

Jul 1, 2014

Financing Agreements Alcentra Capital Corporation Provides $7.5 Million in Second Lien Debt to Recapitalize Choice Cable TV NEW YORK, July 1, 2014 /PRNewswire/ -- Alcentra Capital Corporation (NASDAQ Global Select Market: "ABDC") ("Alcentra") announced that Alcentra has provided $7.5 million in second lien debt, as part of a $41.5 million tranche issued by Choice Cable TV ("Choice Cable" or the "Company"). The Company's product offerings currently include Video, High-Speed Data and VoIP. Choice Cable is a Spectrum Equity portfolio company, and co-owned and operated with Patriot Media Consulting. About Alcentra Capital Corporation The Company is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments. The Company seeks to invest primarily in lower middle-market companies, which the Company defines as companies having annual earnings, before interest, taxes, depreciation and amortization, or EBITDA, of between $5 million and $15 million, and/or revenues of between $10 million and $100 million, although the Company may opportunistically make investments in larger or smaller companies. The Company's investment activities are managed by its investment adviser, Alcentra NY, LLC. About Alcentra NY, LLC The Company is externally managed by its adviser, Alcentra NY, LLC. Alcentra NY, LLC is responsible for sourcing investment opportunities, conducting industry research, performing diligence on potential investments, structuring the Company's investments and monitoring the Company's portfolio companies on an ongoing basis through a team of investment professionals. Alcentra NY is part of Alcentra, one of the world's leading sub-investment grade credit asset managers focusing on the European and U. S. markets. The group has an investment track record that dates back to 1998 and spans across 50 separate investment funds totaling approximately $23 billion. Alcentra has more than 90 employees across offices in London, New York, Boston and Singapore and is approximately 100 percent owned by BNY Mellon. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. FORWARD-LOOKING STATEMENTS Statements included herein may contain "forward-looking statements," which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the preliminary prospectus dated April 28, 2014 and the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein except as required by law. All forward-looking statements speak only as of the date of this press release. SOURCE Alcentra Capital Corporation

Choice Cable TV Frequently Asked Questions (FAQ)

  • When was Choice Cable TV founded?

    Choice Cable TV was founded in 2005.

  • What is Choice Cable TV's latest funding round?

    Choice Cable TV's latest funding round is Acquired.

  • Who are the investors of Choice Cable TV?

    Investors of Choice Cable TV include Liberty Global, Searchlight Capital Partners and Spectrum Equity.

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