Amara NZero is working with financial adviser Houlihan Lokey Inc., as the Spanish distributor of renewable energy products grapples with pressure on its cash flows, according to people familiar with the matter.

The largest creditors to Altice France met at Château Lafite Rothschild near Bordeaux on Monday to toast a debt restructuring deal that was one-and-a-half years in the making. Bondholders and lenders in other corners of Patrick Drahi’s telecommunications empire had far less reason to celebrate.

Altice International’s bonds plunged the most on record on Monday following an announcement on Friday afternoon that the company had shifted some assets out of the reach of creditors, in an aggressive move aimed at stabilizing its finances.

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.

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.