Intelsat Achieves Support of Nearly 75% of Funded Debt on Comprehensive Financial Restructuring – Business Wire
MCLEAN, Va.–(BUSINESS WIRE)–Intelsat S.A. (OTC: INTEQ), operator of the worlds largest and most advanced integrated satellite and terrestrial network, today announced that it has achieved the support of key creditor groups across the capital structure on the terms of a comprehensive financial restructuring that would reduce the Companys debt by more than half from nearly…