{"id":59955,"date":"2020-04-14T18:28:14","date_gmt":"2020-04-14T10:28:14","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/report-intelsat-seeks-bankruptcy-loan\/"},"modified":"2020-04-14T18:28:14","modified_gmt":"2020-04-14T10:28:14","slug":"report-intelsat-seeks-bankruptcy-loan","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/report-intelsat-seeks-bankruptcy-loan\/","title":{"rendered":"Report: Intelsat Seeks Bankruptcy Loan"},"content":{"rendered":"<\/p>\n<p><strong>Intelsat SA<\/strong>&nbsp;is seeking backers for a bankruptcy loan that would keep the satellite service in business under Chapter 11 court protection while it\u2019s waiting for billions of dollars in proceeds from a government spectrum auction. Its bonds led decliners in the high-yield market.<\/p>\n<p>JPMorgan Chase &amp; Co.&nbsp;is shopping the debtor-in-possession loan to institutional investors, many of whom specialize in financial restructuring, according to people with knowledge of the plans. The loan of about&nbsp;$750 million&nbsp;would help fund necessary improvements to Intelsat\u2019s spectrum ahead of the C-Band auction set to begin later this year.<\/p>\n<p style=\"text-align: right;\"><em>Read more from Bloomberg &gt;&gt;&gt;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intelsat SA&nbsp;is seeking backers for a bankruptcy loan that would keep the satellite service in business under Chapter 11 court protection while it\u2019s waiting for billions of dollars in proceeds from a government spectrum auction. Its bonds led decliners in the high-yield market. JPMorgan Chase &amp; Co.&nbsp;is shopping the debtor-in-possession loan to institutional investors, many [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56195,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-59955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/59955"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=59955"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/59955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/56195"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=59955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=59955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=59955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}