Intelsat exits Chapter 11 two years on, halving debt

Intelsat has officially completed its almost two-year-long financial restructuring process, having filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Eastern District of Virginia in 2020. The final milestone was receipt of regulatory approvals, completion of certain corporate actions, and satisfaction of other customary conditions, it has announced. The reorganisation has ...

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