Maxar Technologies plans to significantly reduce its capital expenditures after completing construction of its next-generation WorldView Legion constellation so that the company can focus on curbing its $3 billion debt load.
WASHINGTON and MOSCOW — Five years ago this month, Intelsat ordered the first of what is now six high-throughput Epic-class satellites. That soon-to-be global network is now mostly in orbit, with the fifth satelli…
The debt swap was a condition of a planned investment by Japan's SoftBank as part of a merger with OneWeb announced earlier this year.
Satellite fleet operator Intelsat on May 12 offered holders of three lines of its unsecured debt the chance to cash in for between $710 and $755 per $1,000 of principal, plus an early-bird premium of $20 expiring May 25, for a maximum of $625 million. The tender's overall deadline is June 9.