Some of Altice International Sarl’s unsecured creditors have hired Jefferies Financial Group Inc. and Milbank LLP as advisers ahead of debt talks with the company, according to people familiar with the matter.
Some of Altice International Sarl’s unsecured creditors have hired Jefferies Financial Group Inc. and Milbank LLP as advisers ahead of debt talks with the company, according to people familiar with the matter.
The Altice headquarters in Lisbon, Portugal, on Monday, July 24, 2023. Armando Pereira, the co-founder and former chief operating officer of telecommunications group Altice was detained in Portugal as part of a sweeping investigation into alleged corruption. Photographer: Zed Jameson/Bloomberg
For the past two years, some restructuring and finance lawyers have been telling anyone who would listen — at dinners, client meetings and on conference stages — that creditors were skirting antitrust laws by banding together in so-called cooperation agreements.
For the past two years, some restructuring and finance lawyers have been telling anyone who would listen — at dinners, client meetings and on conference stages — that creditors were skirting antitrust laws by banding together in so-called cooperation agreements.