Globalstar unveils work with advisers to monetise spectrum after Nokia analysis
US satellite operator Globalstar recently said it is working with unnamed advisers on the domestic side of its licensed spectrum to ...
Tag: Credit Industriel et Commercial
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 ...
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. ...
Globalstar extends Coface loan repayment
MSS operator Globalstar has secured an amendment to its Coface-backed US$586.3m senior secured credit facility, extending the initial repayment date ...
