Optimum shares surge 17.90% after-hours after securing $2 billion loan amendment to refinance debt.

Optimum Communications Inc. (OPTU) surged 17.90% in after-hour trading following the announcement that its subsidiaries secured a $2 billion term loan facility to refinance existing debt and extend maturity dates. The refinancing strengthens the company’s capital structure, enhancing liquidity and reducing short-term obligations, which aligns with its long-term operating goals. The transaction, facilitated by legal counsel Ropes & Gray, was finalized on November 25, 2025, and underscores improved access to credit markets after allegations of antitrust violations by financial institutions. While the antitrust lawsuit mentioned in the company’s statement introduces uncertainty, the immediate positive catalyst appears to be the successful refinancing, which signals financial stability for the broadband communications provider serving 4.4 million customers. Other news, including a pest control press release, is unrelated to the stock’s movement.