Altice SFR - comment

An ad-hoc group of senior bondholders held a call with legal counsel Gibson Dunn last night. The Group is reported to comprise 50% of the Secured debt holders and is considering bringing in financial advisers. This is a different group than the ad-hoc group of cross holders which is rumoured to have hired Houlihan Lokey and Milbank and includes Attestor and Arini.