--- title: "Altice's Lightpath plans to issue $2.8 billion in fiber ABS to address $7.2 billion in debt maturing in 2027" type: "News" locale: "en" url: "https://longbridge.com/en/news/247726095.md" description: "Cablevision Lightpath, a subsidiary of Altice USA, plans to issue $2.8 billion in asset-backed securities (ABS) to address $7.2 billion in debt maturing in 2027. The securities will be backed by fiber network assets and customer agreements. This news led to a 16% increase in Altice USA's stock price. Lightpath is actively seeking financing to alleviate its debt pressure. Recently, the ABS market for fiber infrastructure has developed rapidly, becoming an important channel for corporate financing" datetime: "2025-07-09T01:19:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/247726095.md) - [en](https://longbridge.com/en/news/247726095.md) - [zh-HK](https://longbridge.com/zh-HK/news/247726095.md) --- # Altice's Lightpath plans to issue $2.8 billion in fiber ABS to address $7.2 billion in debt maturing in 2027 According to the Zhitong Finance APP, Cablevision Lightpath LLC is a fiber optic communication service provider, controlled by Altice USA Inc. (ATUS.US). The company is currently planning to sell asset-backed securities totaling up to $2.8 billion. According to documents submitted to the New York Public Service Commission on July 3, these securities will be backed by the fiber optic network assets owned by the company (including pipelines and cables) as well as customer agreements. Currently, Lightpath is facing significant debt pressure, with a total of $7.2 billion in debt maturing in 2027, followed by another $5.4 billion in debt maturing the following year. To address its debt issues, Lightpath is actively seeking financing through asset-backed securities. As a result of this news, Altice USA's stock price surged 16% on Tuesday. In fact, earlier this year, Altice USA had negotiated with creditors to restructure its total debt of up to $25.3 billion. However, reports at the time indicated that the negotiations were forced to be shelved in April due to market fluctuations caused by tariff policies. As of now, representatives from Lightpath, Altice USA, and Lightpath's minority shareholder Morgan Stanley Infrastructure Partners have not responded to this news. It is worth noting that the market for asset-backed securities (ABS) backed by infrastructure such as fiber optic cables has been rapidly developing recently, becoming an important channel for corporate financing. For example, Zayo Group Holdings Inc. also issued such bonds totaling $1.5 billion earlier this year, demonstrating strong market interest in infrastructure asset-backed securities ### Related Stocks - [ATUS.US](https://longbridge.com/en/quote/ATUS.US.md) - [OPTU.US](https://longbridge.com/en/quote/OPTU.US.md) ## Related News & Research - [Ballard Mining to Release 37 Million Escrowed Shares in April 2026](https://longbridge.com/en/news/282113456.md) - [PRICESMART ANNOUNCES FISCAL 2026 SECOND QUARTER OPERATING RESULTS AND PLANS FOR EIGHTH CLUB IN GUATEMALA | PSMT Stock News](https://longbridge.com/en/news/282089432.md) - [Retirement Systems of Alabama Reduces Holdings in Amcor PLC $AMCR](https://longbridge.com/en/news/281855545.md) - [A Look At Atlantic Union Bankshares (AUB) Valuation After Recent Share Price Strength](https://longbridge.com/en/news/281716580.md) - [12:43 ETGLOBAL GIRLS GLOW EVALUATION REVEALS MEASURABLE GAINS ACROSS SOCIAL AND EMOTIONAL SKILLS FOR GIRLS IN RURAL INDIA](https://longbridge.com/en/news/281780530.md)