In addition,
Fate altice france should be,:
The destiny of Altice France should be. Moreover, at least in part, sealed today with the decision of the Paris economic activity court, in the restructuring file of its gigantic debt.
The decision of the judges. Moreover, who must rule on Monday afternoon on the validation of the accelerated safeguard procedure, could question the restructuring of the debt, essential for the parent company of SFR.
After a show of iron of several months. the group of billionaire Patrick Drahi announced in February having reached an agreement with its creditors to lighten its colossal debt of 24.1 billion euros.
According to the terms of the agreement, group claims must be reduced by more than 8 billion, to reach 15.5 billion euros.
But to implement it, Altice France must still obtain the validation of the court.
This step, which could be akin to a formality, fate altice france should be, has turned into a major question mark.
Because during the hearing relating to accelerated safeguard. on July 22, the public prosecutor requested the adoption of the plan, but asked that three of the group companies, SFR, SFR Fiber and Completel (branch dedicated to companies) be excluded from the plan.
Enough to question his balance: for the management of the company. the agreement must include all the companies in the group. A decision – even in part – unfavorable would destroy the future transaction.
fate altice france should be. — Fate altice france should be,: The destiny of Altice France should be, at least in part, sealed today with the decision of the Paris economic activity court, in the restructuring file of its gigantic debt.The decision of the judges, who must rule on Monday afternoon.
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