Iridium gets another 60 days to meet lender milestones
Iridium LLC has gotten a 60-day waiver from its lenders to meet customer and revenue milestones set when it completed $1.95 billion in new financing late last year. Under that arrangement, which included an $800 million Senior Secured Credit Facility (DAILY, Jan. 7), the "Big LEO" low-Earth orbit...
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