JPMorgan Backs Altice USA's Refinancing of TPG, Goldman Debt [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
kicks in, a move that may sooth creditors still reeling from a bombshell antitrust lawsuit and controversial debt maneuver. JPMorgan is providing the funds so that Altice can refinance the loan — a $1 billion asset-backed facility it got from Goldman Sachs Group Inc. and TPG Angelo Gordon in July — at par value, according to people familiar with the matter. The debt's call protection period starts in the coming days, meaning Altice would have to pay a premium above par to refinance. Most Read from Bloomberg New Design Plans Revealed for White House Ballroom Summit Properties Wins Auction for Bankrupt NYC Apartments In Birmingham, a Stadium Plan Shows UK Football's Flashy Side The Latest Brand of Tech City Dreams: Virtual Residents Why the Renovation of Federal Reserve Headquarters Costs $2.5 Billion Representatives for JPMorgan, TPG and Goldman Sachs declined to comment. A representative for Altice didn't immediately respond to a request for comment. Any efforts to p
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JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 1/12/26 - Form 424B2
- 1/12/26 - Form 424B2
- 1/12/26 - Form 424B2
- JPM's page on the SEC website