AMERICAS DISTRESS DAILY: Altice USA Debt Talks Hit by Volatility

Altice USA’s talks to restructure its balance sheet have been called off due to market volatility, according to people with knowledge of the matter.

• The confidential negotiations between Altice subsidiary CSC Holdings and a group of its creditors to reduce a $25 billion debt pile ended without an agreement
• The talks were in advanced stages, but some lenders wanted to pause the conversations amid the recent tariff-induced market gyrations
  • READ: Billionaires Keep Control After Furious Bust-Up With Lenders

In Other News:

• Forever 21’s bankruptcy is being closely scrutinized by a committee of unsecured creditors who are investigating deals made before ...