Private equity-backed satellite operator Globalstar (NYSE MKT:GSAT) has agreed with its creditors to seek US$114m in funding by 30 October as part of a restructuring effort. The France-based creditors have suspended the financial covenants governing the amended US$543m facility agreement… Private equity-backed satellite operator Globalstar (NYSE MKT:GSAT) has agreed with its creditors to seek US$114m in funding by 30 October as part of a restructuring […]