Market Chatter: Apollo-Backed Brightspeed in Talks With Creditors for $2 Billion to $3 Billion in Fresh Capital

12:48 PM EST, 11/06/2026 (MT Newswires) -- Apollo Global Management (APO) backed broadband provider Brightspeed is in talks with creditors for $2 billion to $3 billion in fresh capital, Bloomberg said Friday, citing people familiar with the matter. The talks are ongoing and details regarding the amount and whether it will be part of a court process or not are still being discussed, according to a statement. Apollo did not immediately respond to MT Newswires' request for comment and Brightspeed could not be reached. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 116.61, Change: -0.66, Percent Change: -0.57