Altice International Accused of Defaulting on €2 Billion Debt

Creditors have accused Altice International, owned by billionaire Patrick Drahi, of defaulting on €2 billion of debt. The accusation stems from transactions that allegedly moved assets out of the creditors' reach, breaching borrowing terms.

15 Jul, 10:50 — 15 Jul, 10:50

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FTVery High49d ago

Billionaire Drahi’s Altice International accused of defaulting on €2bn of debt

Creditors say transactions that moved assets out of their reach breached borrowing terms

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Altice International Accused of Defaulting on €2 Billion Debt

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Billionaire Drahi’s Altice International accused of defaulting on €2bn of debt

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