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Satellite operator<\/a> Intelsat<\/a> SA said on Friday it has filed a restructuring plan backed by some of its creditors, in a bid to reduce debt and emerge from bankruptcy in the second half of the year.

The plan aims to reduce debt by more than half to $7 billion and has the support of holders of about $3.8 billion of its debt, the company said. It has sought a hearing on Mar. 17 for a court approval to solicit votes on the plan.

The company filed for Chapter 11 bankruptcy protection in May last year, hit by the COVID-19 pandemic that inflicted widespread financial pain across sectors, including retail and aviation.

Intelsat is one of the companies that will participate in the accelerated clearing of C-band spectrum under the Federal Communications Commission<\/a> order to support a build-out of 5G wireless<\/a> infrastructure in the United States.
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组织和国际通讯卫星文件重组计划摆脱破产

该计划旨在减少债务超过一半,至70亿美元,支持持有约38亿美元的债务,该公司表示。它寻求法院的听证会在3月17日批准拉票的计划。

  • 更新于2021年2月13日08:38点坚持
阅读: 100年行业专业人士
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卫星运营商 国际通信卫星公司股价周五表示它已经提交重组计划一些债权人的支持,以减少债务和破产今年下半年。

该计划旨在减少债务超过一半,至70亿美元,支持持有约38亿美元的债务,该公司表示。它寻求法院的听证会在3月17日批准拉票的计划。

该公司申请破产保护在去年5月,受COVID-19大流行,造成广泛的金融疼痛各部门,包括零售和航空。

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国际通信卫星的公司之一,将参加c波段光谱下的加速结算联邦通信委员会为了支持建设5 g无线基础设施在美国。
  • 发布于2021年2月13日上午08:33坚持
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Satellite operator<\/a> Intelsat<\/a> SA said on Friday it has filed a restructuring plan backed by some of its creditors, in a bid to reduce debt and emerge from bankruptcy in the second half of the year.

The plan aims to reduce debt by more than half to $7 billion and has the support of holders of about $3.8 billion of its debt, the company said. It has sought a hearing on Mar. 17 for a court approval to solicit votes on the plan.

The company filed for Chapter 11 bankruptcy protection in May last year, hit by the COVID-19 pandemic that inflicted widespread financial pain across sectors, including retail and aviation.

Intelsat is one of the companies that will participate in the accelerated clearing of C-band spectrum under the Federal Communications Commission<\/a> order to support a build-out of 5G wireless<\/a> infrastructure in the United States.
<\/body>","next_sibling":[{"msid":80891186,"title":"Lenovo Tab P11 Pro launched in India at Rs 44,999","entity_type":"ARTICLE","link":"\/news\/lenovo-tab-p11-pro-launched-in-india-at-rs-44999\/80891186","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":80891214,"entity_type":"ARTICLE","title":"Satellite operator Intelsat files restructuring plan to emerge from bankruptcy","synopsis":"The plan aims to reduce debt by more than half to $7 billion and has the support of holders of about $3.8 billion of its debt, the company said. It has sought a hearing on Mar. 17 for a court approval to solicit votes on the plan.","titleseo":"telecomnews\/satellite-operator-intelsat-files-restructuring-plan-to-emerge-from-bankruptcy","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":344,"shares":0,"engagementtimems":1318000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-02-13 08:33:37","lastupd":"2021-02-13 08:38:57","breadcrumbTags":["Intelsat","Federal Communications Commission","Industry","5g wireless","satellite operator","telecom news"],"secinfo":{"seolocation":"telecomnews\/satellite-operator-intelsat-files-restructuring-plan-to-emerge-from-bankruptcy"}}" data-news_link="//www.iser-br.com/news/satellite-operator-intelsat-files-restructuring-plan-to-emerge-from-bankruptcy/80891214">