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Newsat Heads ofshore for $200M - fin review p14 -my...

  1. 734 Posts.
    Newsat Heads ofshore for $200M - fin review p14

    -my paraphrasing:

    NWT has gone offshore to fund the final $200M needed for J1
    NWT met with investors in HK yesterday, before they go to London and NY later this week
    Fund managers in HK said NWT was seeking $200M in a mix of Mez and equity, and seemed confident of finalizing the raising in the next fortnight.
    It is thought credit suisse, Baillieu and AB were on the roadshow. after MS and NWT parted ways.
    Its not the first time NWT has gone offshore
    the roadshow comes after COFACE approved the amendments to the structure to include mez
 
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