Loral Space&Communications bought all of a bank credit facility
LORAL SPACE&COMMUNICATIONS bought all of a bank credit facility under which Globalstar owed $500 million, and which was guaranteed by Loral. The purchase was financed by a new $500 million three-year secured credit facility arranged with a group of banks. Loral said the new deal resolves the...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
