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BRIEF-Speedcast International Says It Intends To Pursue Refinancing Of Its Existing Bank Loans

Published 19/04/2018, 10:18 am
© Reuters.  BRIEF-Speedcast International Says It Intends To Pursue Refinancing Of Its Existing Bank Loans
SDA
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April 19 (Reuters) - SpeedCast International Ltd SDA.AX :

* INTENDS TO PURSUE REFINANCING OF ITS EXISTING BANK LOANS

* SPEEDCAST INTERNATIONAL-EXISTING BANK LOANS INCLUDE A 3-YEAR US$425 MILLION SENIOR SECURED BANK LOAN AND US$20 MILLION SENIOR SECURED REVOLVING CREDIT FACILITY

* SPEEDCAST INTERNATIONAL - PRICING OF AND DRAWDOWN OF PROPOSED FACILITIES TARGETED FOR EARLY MAY 2018 IF REFINANCING TO GO THROUGH

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