Altice USA accuses creditors of forming ‘illegal cartel’

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Why This Matters

Altice USA has accused major creditors, including Apollo, Ares, BlackRock, and Oaktree, of forming an 'illegal cartel' to manipulate its debt, which totals $26 billion. This accusation could lead to a complex legal battle and may impact the company's financial stability. The creditors' actions could also have broader implications for the debt market and investor confidence.

Market Impact

Market impact analysis based on bearish sentiment with 64% confidence.

Sentiment
Bearish
AI Confidence
64%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree

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Full article on Financial Times
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Original article published by Financial Times on November 25, 2025.
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