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Avanti buys itself time with consent solicitation as sale process continues

Connectivity BusinessbyConnectivity Business
September 16, 2016
in Uncategorized
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British operator Avanti Communications has announced it will issue new debt in lieu of cash to pay a pending US$32.25m coupon to bondholders while discussions continue with potential buyers amidst its ongoing strategic review. The AIM-listed company launched its strategic review on 11 July after warning that it was generating cash slower than expected and may be short of […]

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Tags: AfricaArianespaceAvanti CommunicationsEuropeEuropean Space AgencyImarasatIntersatJefferiesMast Capital Management LLCNewtecOrbital ATKPJT PartnersPremiumSentechWananchi
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