SDA speedcast international limited
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News: SDA Speedcast International Files Plan Of Reorganisation

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    12/10/20
    12:20
    Post #: 48024002

    Oct 12 (Reuters) - Speedcast International Ltd (SDA) :

    • FILES PLAN OF REORGANISATION
    • TERMS OF PLAN WOULD PROVIDE CO WITH NEW $500 MILLION EQUITY INVESTMENT, LED BY AFFILIATES OF CENTERBRIDGE PARTNERS, L.P.
    • PLAN ALSO INCLUDES REDUCTION OF ALL OF $634 MLN SENIOR SECURED DEBT
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