Bloomberg News

Vivendi Can’t Spend Significant Capital for Some Time

November 17, 2011

(Corrects end-year debt target in second paragraph.)

Nov. 17 (Bloomberg) -- Vivendi SA won’t be able to spend significant capital for some time, Chief Financial Officer Philippe Capron said today.

The company’s debt level is likely to be less than 13 billion euros ($17.5 billion) at the end of this year, Capron said at a conference in Barcelona.

--Editor: David Whitehouse.

To contact the editor responsible for this story: David Whitehouse at dwhitehouse1@bloomberg.net


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