Altice Debt Is a $60 Billion Nightmare for Creditors: The Brink

July 25, 2023, 3:09 PM UTC

Welcome to The Brink. This is Irene Garcia Perezand Libby Cherryin London, where we have been reporting on growing concerns surrounding telecommunications giant Altice. We also have news on Chinese developers and US cinema chain AMC. Follow this link to subscribe. Send us feedback and tips at igarciaperez@bloomberg.net or Tweet/DM to @irenegperez.

A Debt Empire

A debt pile of more than $60 billion, rapidly rising borrowing costs, a corruption investigation that’s led to the arrest of a co-founder: Telecommunications group Altice’s problems are a growing headache for investors. The debt is split between the company’s ...

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