Intelsat received requisite consents to amend certain terms of the...
Intelsat received requisite consents to amend certain terms of the indenture governing its outstanding 11.25 percent senior notes of subsidiary Intelsat Jackson Holdings due 2016, Intelsat said in a news release Wednesday (http://xrl.us/bnshab). The amendments “eliminate substantially all of the…
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restrictive covenants, certain events of default and certain other provisions contained in that indenture,” Intelsat said. The withdrawal deadline for a tender offer of $603 million expired Tuesday, it said: Notes previously tendered and notes tendered after the withdrawal deadline “may not be withdrawn, except as required by law.”