Satmex Readies New Bond

Apr 19, 2011

Mexico’s Satmex is preparing to sell $325m in new 2017 NC3 bonds to replace exit financing it received in February to support a bankruptcy reorganization plan that was accepted by courts last week. According to investors, the satellite operator plans to use proceeds to pay off creditors and to help launch a new satellite. It will meet investors in London and Miami this week, with less defined...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote