Altice International Asks Creditors to Send Copy of Cooperation Agreement
NeutralFinancial Markets

- Altice International has requested that a group of secured creditors provide a copy of their cooperation agreement, which is essential for negotiating potential restructuring of the company's balance sheet, as indicated in a letter reviewed by Bloomberg.
- This request is significant as it signals Altice International's intention to engage in discussions regarding its financial restructuring, which may impact its operational stability and future negotiations with creditors.
- The situation highlights ongoing concerns in the financial sector regarding creditor cooperation agreements, with some entities questioning their legality and potential use to bypass antitrust regulations, reflecting broader tensions in corporate restructuring practices.
— via World Pulse Now AI Editorial System







