Intelsat ups fresh debt to $1.25bn
Global satellite company Intelsat took advantage of a favourable response from bankers to its proposed $1 billion of fresh borrowing, and increased the sum to $1.25 billion. The borrowing is made against Intelsat’s Senior Secured Notes, priced at 8 per cent, due in 2024. The news was received favourably by debt ratings agency Moody’s, which […]