Elliott Refinanced Altice International's Holding Company Loan
Market Intelligence Analysis
AI-PoweredAltice International's holding company has refinanced over €500 million of debt with the help of Elliott Investment Management, as part of the company's efforts to manage its liabilities.
Market impact analysis based on neutral sentiment with 65% confidence.
Article Context
A holding company of Altice International obtained funds from Elliott Investment Management to refinance more than €500 million ($586 million) of debt, as part of a broader effort by Patrick Drahi’s telecommunications conglomerate to sort out its pile of liabilities, people familiar with the matter said.
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