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0.00% 79.0¢ speedcast international limited

Debt holders may offload debt....

  1. malmanu
    16,323 Posts.
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    09/02/20
    19:35
    Post #: 42829612
    Debt holders may offload debt.

    https://www.theaustralian.com.au/business/dataroom/speedcast-bond-holders-monitored/news-story/3f896f03039c3dacf490b90e65b22d32
    The 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.

    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.


    SDA Price at posting: 79.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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