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Optimum Communications Secures $1.1 Billion Incremental Term Loan

Story Highlights
  • Optimum’s subsidiaries secured a $1.1 billion incremental term loan on January 12, 2026.
  • The new borrowing refinances a prior receivables facility and strengthens general corporate liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Optimum Communications Secures $1.1 Billion Incremental Term Loan

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Optimum Communications Inc Class A ( (OPTU) ) just unveiled an update.

On January 12, 2026, Optimum Communications’ indirect subsidiaries Cablevision Litchfield, LLC and CSC Optimum Holdings, LLC entered into an Amended and Restated Credit Agreement that adds an incremental term loan commitment of $1.1 billion, with the new loans matching the terms of an existing November 25, 2025 credit facility, including a 9.0% fixed interest rate, maturity on November 25, 2028, and no amortization. The incremental term loan proceeds were used to fully refinance outstanding debt under a July 16, 2025 receivables facility, cover related fees and expenses, and provide excess funds for general corporate purposes, reshaping the company’s debt profile and potentially enhancing financial flexibility for its operations.

The most recent analyst rating on (OPTU) stock is a Sell with a $1.75 price target. To see the full list of analyst forecasts on Optimum Communications Inc Class A stock, see the OPTU Stock Forecast page.

Spark’s Take on OPTU Stock

According to Spark, TipRanks’ AI Analyst, OPTU is a Underperform.

Altice USA’s overall stock score is primarily impacted by its poor financial performance and unattractive valuation. The technical analysis provides some neutral signals, but the negative financial metrics and valuation concerns weigh heavily on the score. The earnings call, while excluded from the weighted calculation, indicates ongoing strategic challenges and competitive pressures.

To see Spark’s full report on OPTU stock, click here.

More about Optimum Communications Inc Class A

Optimum Communications, Inc., through indirect wholly owned subsidiaries including Cablevision Litchfield, LLC and CSC Optimum Holdings, LLC, operates in the communications and cable services sector, using various financing facilities and credit agreements to support its capital structure and corporate activities.

Average Trading Volume: 3,171,782

Technical Sentiment Signal: Sell

Current Market Cap: $808.1M

For detailed information about OPTU stock, go to TipRanks’ Stock Analysis page.

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