LUXEMBOURG: Altice International has asked a group of secured creditors to send a copy of the cooperation agreement that binds them to act together in negotiations with the company before starting any potential discussions to restructure its balance sheet, according to a letter seen by Bloomberg.
Because these creditor pacts prevent lenders from negotiating with the company directly, Altice International asked to have a copy to understand “the nature of any future engagement” between the company and the creditors in the group.
