SatelliteHome - Canada's most knowledgeable satellite discussion forum

General discussion => Satellite industry news => Topic started by: NewsHound on April 14, 2022, 05:46 PM

Title: Avanti sheds $550 million of debt to free up growth plan
Post by: NewsHound on April 14, 2022, 05:46 PM
Avanti sheds $550 million of debt to free up growth plan

British satellite operator Avanti said April 13 it has cut its $810 million debt pile by two-thirds after investors agreed to swap debt for equity.
The post Avanti sheds $550 million of debt to free up growth plan appeared first on SpaceNews.

Source: Avanti sheds $550 million of debt to free up growth plan (https://spacenews.com/avanti-sheds-550-million-of-debt-to-free-up-growth-plan/)