"Altice France Successfully Completes €24 Billion Debt Restructuring with Mayer Brown's Guidance"

"Mayer Brown advised Altice Group on a historic restructuring of over €24 billion in debt for Altice France S.A. and Altice France Holdings S.A. After a year of negotiations, the plan was finalized, reducing the group's debt by €8.6 billion and extending repayment deadlines from 2025 to 2028. This restructuring aims to secure a sustainable future for Altice France, the second-largest telecommunications operator in France, serving over 50 million customers. The operation was executed through an accelerated safeguard procedure in France, successfully completed on October 1, 2025."

Mayer Brown advised the Altice Group in the historic restructuring of over €24 billion in debt for Altice France S.A. and Altice France Holdings S.A. After a year of negotiations, Altice France successfully concluded a financial restructuring plan with its creditors, which included reducing the group's debt by a total of €8.6 billion, bringing the net debt down to €15.5 billion. The plan also secured the group for the medium term by extending debt maturities from 2025 to 2028, allowing Altice France to ensure a sustainable future and continue providing advanced telecommunications services to over 50 million customers across France. The restructuring of Altice France S.A. was implemented under an accelerated safeguard procedure in France, with the operational implementation of the safeguard plan successfully completed on October 1, 2025. This operation represents one of the largest financial restructurings conducted in the French and European markets. The Mayer Brown team advising the Altice Group consisted of Laurent Borey and Nicolas Danan (partners), Louis Nayberg (counsel), and associates Maxime Billaut, Miryam Lazrak, and Clara Hamour.

"Altice France Successfully Completes €24 Billion Debt Restructuring with Mayer Brown's Guidance"

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