Altice International Shifts Assets From Lenders, Raises Debt
PositiveFinancial Markets

- Altice International has strategically moved two of its units beyond the reach of creditors and successfully raised new debt from one of these units, a decisive action aimed at stabilizing its financial position. This maneuver reflects the company's proactive approach to managing its financial obligations amidst challenging market conditions.
- This development is significant for Altice International as it seeks to enhance its financial stability and operational flexibility. By distancing its units from creditors, the company aims to mitigate risks associated with potential financial distress and improve its overall liquidity.
- The situation highlights ongoing tensions in the financial landscape, particularly regarding creditor cooperation agreements. Concerns have been raised about the legality of such pacts, suggesting a broader debate on antitrust implications and the strategies companies employ to navigate financial restructuring.
— via World Pulse Now AI Editorial System







