PARIS — Satellite fleet owner Avanti Communications Group, which has been in precarious circumstances for at least two years, on Dec. 13 said it would seek debt- and shareholder approval to swap $557 million in debt for new equity that would leave Solus Alternative Asset Management LP as the dominant shareholder. London-based Avanti said it
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Peter B. de Selding
Peter B. de Selding
Peter de Selding is a Co-Founder and editor for SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is widely considered the preeminent reporter in the space industry and is a must read for space executives. Follow Peter @pbdes