Globalstar meets creditor commitments with fundraising success
Globalstar has raised sufficient capital to satisfy its US$114m obligation with creditors, paving the way for the US satellite operator’s ...
Tag: BNP Paribas
Globalstar launches US$125m public offering to meet restructuring needs amid wider sale rumours
Facing a deadline to raise capital as part of a restructuring agreement, private equity-backed US satellite operator Globalstar is launching ...
Globalstar receives terrestrial licences from FCC, expected to monetise asset
Private equity-backed Globalstar announced that the FCC has issued long-sought licences authorising the US satellite operator’s terrestrial broadband services. They apply ...
Globalstar must raise US$114m by October as part of restructuring 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 effort. ...
Bitė to finance MTG acquisition with €105m term loans
Baltic telecoms operator Bitė has secured €105m (US$114.4m) of additional senior facilities to finance the acquisition of Modern Times Group’s Baltic assets. The facilities ...
Singtel borrows US$2.9bn in bank loans post-Singapore spectrum auction
Singaporean telecoms and satellite operator Singtel has agreed to two revolving credit facilities worth more than US$2.9bn primarily for debt refinancing ...
Telia issues US$1.7bn in hybrid bonds as it leaves Eurasia and refocuses on Nordic markets
Telia has issued SKr15bn (US$1.7bn) of Swedish krona and euro-denominated hybrid bonds and commenced a tender offer to refinance senior debt. Through ...
Proximus raises €500m with lowest-ever coupon to decent demand
Proximus has sold five-year €500m (US$537m) senior unsecured notes to refinance existing short term debt and upcoming maturities. The Belgian incumbent said the ...
Telefónica issues debut US$3.5bn notes in US market since financial crisis
Spain’s Telefónica sold US$3.5bn of senior notes in two parts via funding vehicle Telefónica Emisiones amid foreign exchange tailwinds and attractive US ...
Kacific orders US$147m high-speed broadband satellite from Boeing
Singapore startup Kacific has ordered its first satellite to deploy high-speed broadband across South East Asia and the Pacific after raising US$147m through ...
