Altice USA Refinances Debt with JPMorgan, Secures New Funding
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Altice USA Refinances Debt with JPMorgan, Secures New Funding

Altice USA, now Optimum Communications Inc., raised $2 billion from JPMorgan for early refinancing of a 2028 loan. This new borrowing utilized collateral previously held by existing creditors, positioning JPMorgan with a more senior claim in debt repayment, according to Moody's Ratings. The refinancing occurred in the same month Altice rebranded.

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