CommScope says it hasn’t reached agreement with ad hoc group of creditors on material terms of a potential refinancing and/or recapitalization transaction involving its debt.
- Talks with the ad hoc group are not continuing
- Proposals to ad hoc group focused on addressing company’s debt maturing in 2025 and 2026
- Actively pursuing other alternatives to address upcoming debt maturities
- Remains in active discussions with creditors that are not a part of the group
- May in the future re-engage in discussions with members of the ad hoc group
- NOTE:
CommScope, Creditors Enter Private Talks Amid Debt Overhang
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