|Bid||0.8250 x 0|
|Ask||0.6850 x 0|
|Day's range||0.7700 - 0.8100|
|52-week range||0.6950 - 1.3250|
|Beta (5Y monthly)||0.88|
|PE ratio (TTM)||N/A|
|Earnings date||27 Aug 2019|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||07 Mar 2019|
|1y target est||3.61|
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ), announced that the company has filed a motion to replace its debtor-in-possession (DIP) financing in an aggregate amount of US$285 million, to be funded by Centerbridge Partners.
Sydney, Australia, April 23, 2020 - (ABN Newswire) - Speedcast International Limited (ASX:SDA.AX - News) (HAM:7SC.F - News) (OTCMKTS:SPPDF - News) today announced that, after evaluating a variety of options to strengthen its balance sheet in ways that support its long-term growth and success, it has initiated a voluntary financial restructuring under chapter 11 of the United States Bankruptcy Code. In conjunction with chapter 11 petitions filed on behalf of Speedcast International Limited and certain of its U.S. and international subsidiaries, the Company also announced that it has received a commitment for up to $90 million in new money debtor-in-possession financing from the holders of its outstanding term loan and revolver debt.
London, United Kingdom, April 20, 2020 - (ABN Newswire) - Speedcast International Limited (ASX:SDA) (HAM:7SC) (OTCMKTS:SPPDF), the world's most trusted provider of remote communication and IT solutions, ...