Wireless broadband communications company LightSquared is splitting its proposed $3 billion senior secured exit term loan into a $2 billion first-lien loan and $1 billion second-lien tranche, sources told Thomson Reuters LPC. The loan originally...
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July 08, 2013, 07:27 AM
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Reuters reports Judge Shelley Chapman said at a hearing in U.S. Bankruptcy Court in New York on Jun. 6, that LightSquared can hire investment bank Jefferies LLC to arrange credit facilities to pave the way for it to exit Chapter 11.
LightSquared LP...
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June 07, 2013, 07:52 AM
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