Altice International’s Junior Creditors Tap Jefferies, Milbank

Some of Altice International Sarl’s unsecured creditors have hired Jefferies Financial Group Inc. and Milbank LLP as advisers ahead of debt talks with the company, according to people familiar with the matter.

The group, which includes GoldenTree Asset Management and CastleKnight Management LP, holds the most junior slice of debt in the capital structure of the telecommunications group founded by billionaire Patrick Drahi. A separate group of secured creditors has already appointed Houlihan Lokey Inc. and Gibson Dunn & Crutcher, Bloomberg previously reported.