Houlihan Lokey (HLI) was chosen as a financial adviser to the creditors of telecommunications company Altice International for debt talks, Bloomberg News reported Friday, citing people familiar with the matter.
Houlihan Lokey's official appointment hasn't been finalized yet, the report said.
Creditors extended a cooperation agreement through March after the original accord was signed earlier in the year, the report said.
Houlihan Lokey declined to comment to MT Newswires, while Altice International didn't immediately respond to a request 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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