24 Billion in Debt: Behind the Scenes of the Showdown Between Patrick Drahi and Altice's Creditors - McDermott Will & Emery

24 Billion in Debt: Behind the Scenes of the Showdown Between Patrick Drahi and Altice’s Creditors

Overview


The billionaire wants to convince them to sell the debt they hold back to his group, at a substantial discount. The negotiations are shaping up to be very tense, and each side is surrounding itself with bankers and lawyers from both sides of the Atlantic.

Read Timothée Gagnepain’s commentary on this issue in Le Figaro (in French via paywall) here.