Debt holders may offload debt.
https://www.theaustralian.com.au/business/dataroom/speedcast-bond-holders-monitored/news-story/3f896f03039c3dacf490b90e65b22d32The remote communications and IT services provider is believed to owe about $US600m in Term Loan B loans to banks including Macquarie, Credit Suisse, Citi and ING, along with others.
- By BRIDGET CARTER
- 11:00PM FEBRUARY 5, 2020
The moves of Speedcast’s bond holders are being closely watched, with some suggesting they may be moving to offload their investments in the languishing company which warned this week of substantially lower earnings.
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