Intelsat is poised to exit Chapter 11 in early 2022, after its bankruptcy court approved a restructuring plan that cuts the satellite operator’s debt from about $16 billion to $7 billion.
Intelsat gets bankruptcy court approval to exit Chapter 11 in early 2022
Written by Jason Rainbow Thursday, 16 December 2021 22:52-
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Intelsat is poised to exit Chapter 11 in early 2022, after its bankruptcy court approved a restructuring plan that cuts the satellite operator’s debt from about $16 billion to $7 billion.