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1. www.ft.com › content › 3e0322ee-276b-45e5-8aef-76ceAltice fraud arrests throw spotlight on Patrick Drahi’s ...

   www.ft.com › content › 3e0322ee-276b-45e5-8aef-76ce

   Jul 31, 2023 · Telecoms tycoon Patrick Drahi has always turned to one man to tackle problems within his sprawling Altice empire: Armando Pereira. The Portuguese executive has maintained a low profile after...

2. www.reuters.com › business › media-telecomPatrick Drahi, the telco tycoon facing debt woes, arrest of ...

   www.reuters.com › business › media-telecom

   Aug 7, 2023 · PARIS, Aug 7 (Reuters) - Here are key facts about Patrick Drahi, the French-Israeli telecoms tycoon whose right-hand man is under house arrest in a corruption probe, and who needs to manage the...

3. www.marketscreener.com › quote › stockPatrick Drahi, the telco tycoon facing debt woes, arrest of aide

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   Aug 7, 2023 · PARIS, Aug 7 (Reuters) - Here are key facts about Patrick Drahi, the French-Israeli telecoms tycoon whose right-hand man is under house arrest in a corruption probe, and who needs to manage the mountain of debt he built his empire on at a time of increasing interest rates.

4. www.reuters.com › breakingviews › how-patrick-drahiHow Patrick Drahi can clamber out of his debt hole | Reuters

   www.reuters.com › breakingviews › how-patrick-drahi

   Apr 11, 2024 · The company, controlled by founder Patrick Drahi, wants to reduce its net debt to less than 4 times EBITDA, from 6.4 times at the end of 2023.

5. qz.com › patrick-drahi-sotheby-altice-john-malonePatrick Drahi: What to know about his slow-motion fall - Quartz

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   Oct 7, 2024 · Back at the end of the last century, Patrick Drahi was a fledgling French media entrepreneur, a one-time protege of U.S. cable king John Malone. He was intent on building an empire to rival...

6. www.ft.com › content › 0eb0d7fb-ad6b-4975-8fb0-1146cAltice looks to borrow for first time since co-founder’s arrest

   www.ft.com › content › 0eb0d7fb-ad6b-4975-8fb0-1146c

   Sep 27, 2023 · Franco-Israeli billionaire Patrick Drahi stitched together Altice through a series of debt-fuelled acquisitions over the past decade, but concerns have been mounting over its $60bn in...

7. People also ask

   Why did Patrick Drahi build Altice?

   • NEW YORK, April 18 (Reuters Breakingviews) - Patrick Drahi built the ocean-spanning Altice empire on the back of aggressive dealmaking and $60 bln of borrowing. The bill is coming due with interest rates elevated. In this Viewsroom podcast, Breakingviews columnists discuss what comes next as bondholders get restless. Listen to the podcast

   Telecom tycoon ensnared by his hefty debt machine: podcast

   www.reuters.com/breakingviews/telecom-tycoon-ensnared-by-his-hefty-debt-machine-podcast-2024-04-18/

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   Would Drahi lose his equity stake?

   • Given the company’s extreme leverage, he would probably lose his equity stake in the business. Bondholders feel that Drahi is underprepared and has opened Pandora’s box, one investor told Breakingviews. Yet Drahi holds several important cards.

   How Patrick Drahi can clamber out of his debt hole | Reuters

   www.reuters.com/breakingviews/how-patrick-drahi-can-clamber-out-his-debt-hole-2024-04-11/

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   What happened to Drahi & Altice?

   • Drahi has removed shares in Altice Europe and Altice USA as collateral for a loan backing Sotheby’s. “Every few years Altice seems to have a near-death experience and every time Drahi manages to pull off a feat of financial engineering to keep the music going,” said one bond investor.

   Altice fraud arrests throw spotlight on Patrick Drahi’s elusive right

   www.ft.com/content/3e0322ee-276b-45e5-8aef-76ce951fda14

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   Will Drahi lose a stake in Altice France?

   • Creditors reckon Drahi will want to avoid a court-run restructuring process that would probably kick off if Altice France and its lenders fail to agree. Given the company’s extreme leverage, he would probably lose his equity stake in the business.

   How Patrick Drahi can clamber out of his debt hole | Reuters

   www.reuters.com/breakingviews/how-patrick-drahi-can-clamber-out-his-debt-hole-2024-04-11/

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8. www.reuters.com › breakingviews › telecom-tycoonTelecom tycoon ensnared by his hefty debt machine: podcast

   www.reuters.com › breakingviews › telecom-tycoon

   Apr 18, 2024 · Patrick Drahi built the ocean-spanning Altice empire on the back of aggressive dealmaking and $60 bln of borrowing. The bill is coming due with interest rates elevated.