Intelsat - an Interstellar Chapter 11
Welcome to the 78th Pari Passu Newsletter,
Last week, we learned about a fast-growing company that seems to be getting everything right. Today, we are back in the magic world of restructuring.
In 2017, Intelsat, a major satellite operator, attempted to reduce its debt load through a merger with OneWeb, a company specializing in providing internet servic…