Favourable refinancing market for satellite operators prompts Avanti to review options
The refinancing market for satellite operators is propitious amid improving economic but mixed political dynamics, prompting Avanti Communications to consider ...
Tag: Solus Alternative Asset Management
Avanti swaps debt for equity after shareholders give their backing
Avanti Communications has completed a debt-for-equity swap that enables the British satellite broadband operator to raise more funds, after shareholders approved its restructuring ...
Avanti warns of default risk as it asks shareholders to approve restructuring and fund-raise
Avanti Communications has warned shareholders it faces administration if they reject a debt-for-equity swap in a few weeks that would enable ...
Avanti solicits bondholders to amend notes as it mulls more debt under restructuring plan
Long-distressed satellite operator Avanti Communications is seeking consent from noteholders for amendments and waivers in connection with its previously announced debt-for-equity ...
Moody’s and S&P weigh in on Avanti’s refinancing as bondholders join board
Avanti Communications’ latest refinancing has been classified as a distressed exchange by ratings agencies with Moody’s taking the view that ...
Avanti Communications wins approval from bondholders for restructuring
Avanti Communications has announced that 91.85% of its bondholders have thrown their weight behind its refinancing plan as the British FSS ...
Avanti scraps sale option after brokering US$242m refinancing deal
Avanti Communications has ended its strategic review and agreed a refinancing deal with bondholders to issue more notes and defer payments ...
