CLO Managers Fret Altice Downgrade to Trigger Selloff of Riskiest Bonds

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CLO Managers Fret Altice Downgrade to Trigger Selloff of Riskiest Bonds
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The fallout from Altice France’s decision to threaten a haircut for creditors is just beginning.

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How Altice Can Push Its Creditors to Cut Billions of Debt: Q&AHow Altice Can Push Its Creditors to Cut Billions of Debt: Q&ABillionaire Patrick Drahi’s Altice is asking creditors to agree to losses as the company’s embattled French telecommunications arm pushes to slash a debt burden of almost €25 billion ($27 billion).
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