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WSJ: Optimum faces refinancing pressure for approximately $6 billion in debt maturing in 2027
According to the WSJ Pro Bankruptcy briefing, Optimum, a telecommunications and cable operator burdened with nearly $27 billion in debt, is raising refinancing funds for approximately $6 billion in debt maturing in 2027. The report describes the debt and refinancing pressure, but does not state that the company has defaulted on these maturing obligations.
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