{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreia5uziooozizglngwiv5jjo5rf3ms26s6l2zc4i2jxevffazgy42u",
    "uri": "at://did:plc:mg5ozsljpp6t5b4lvwys4t72/app.bsky.feed.post/3mnak6t6xfve2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreidav4uux7oeta5bm27pa3anmu5d4kuvcnre3kwkvnh2rt4nsrfh2u"
    },
    "mimeType": "image/jpeg",
    "size": 84981
  },
  "description": "Looking to push lenders to the negotiating table, the company also moved its eastern footprint to a new subsidiary.",
  "path": "/optimum-raises-500-million-as-debt-wall-looms/",
  "publishedAt": "2026-06-01T16:53:36.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "press release",
    "See Breakfast Club Membership Options!",
    "See Breakfast Club Membership Options",
    "Subscribe now"
  ],
  "textContent": "WASHINGTON, June 1, 2026 – Optimum has moved its Optimum East footprint to a subsidiary outside the reach of its creditors, and reached deals to raise $500 million in financing at the same unit.\n\nThe company, formerly Altice USA, said in a press release Monday that the move increases the odds that its lenders will come to the table and negotiate a mutual restructuring deal before a debt wall of $6 billion comes due in 2027.\n\nSee Breakfast Club Membership Options!\n\n\n                            See Breakfast Club Membership Options\n                        \n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Optimum Raises $500 Million as Debt Wall Looms",
  "updatedAt": "2026-06-04T09:47:07.142Z"
}