02:36 PM EDT, 07/09/2025 (MT Newswires) -- Altice USA's ( ATUS ) Cablevision Lightpath subsidiary is looking to sell up to $2.8 billion in asset-backed securities, Bloomberg reported late Tuesday, citing a filing with the New York Public Service Commission.

The securities would be backed by Lightpath's fiber network infrastructure and customer agreements, the report said.

Altice didn't immediately reply to a request for comment from MT Newswires.

Altice shares rose 4.1% in recent trading Wednesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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