Telecom Firm CommScope Taps Moelis for Debt Restructuring Help

December 7, 2023, 9:50 PM UTC

CommScope Holding Co. is getting debt restructuring advice from Moelis & Co, according to people with knowledge of the matter, as the firm wrestles with billions of long-term borrowings and earnings weakness.

The telecommunications infrastructure company has been weighing asset sales with a roster of advisers including Evercore Inc., Bloomberg News previously reported. Moelis has also served as adviser on the divestiture process, but its mandate has expanded to include helping CommScope review options on how to address near-term maturities, said the people, who asked not to be identified discussing private matter.

The firm has over $9 billion in ...

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