Inmarsat tweaks US$1.75bn LBO loan to meet investor demand
September 24, 2019 at 11:18 AM EDT
NEW YORK, Sept 24 (LPC) - UK telecommunications and satellite operator Inmarsat on Monday revised its US$1.75bn leveraged loan as investors, wary of a cooling economy, raised concerns about the company's leverage, limited cash flow and increased competition in the telecommunications and satellite operations industry, sources familiar with the transaction told Refinitiv LPC.