01:08 PM EDT, 05/03/2024 (MT Newswires) -- Altice USA ( ATUS ) is discussing options to manage $25 billion of debt with investment bank Moelis (MC), Bloomberg reported Friday, citing people with knowledge of the matter.

The debt does not have any significant near-term maturities, the report said.

The report follows Altice Chief Financial Officer Marc Sirota saying during Thursday's earnings call that the company was "looking at all options to address our debt maturity profile and maintain a capital structure that best supports our long-term strategic objectives."

No further details were given.

"We'll update the market as required if and when we have something to announce," Sirota said.

Altice and Moelis declined to comment to Bloomberg. They did not immediately reply to MT Newswires' requests for comment.

(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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