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Prospect News home > News index > List of issuers Paydowns > Headlines for Altivity Packaging, LLC > News item |
Inmarsat to repay European Investment Bank facility with bond proceeds
By Sara Rosenberg
New York, Sept. 14 – Inmarsat plc plans to repay its roughly $107 million facility with European Investment Bank using proceeds from a $400 million senior notes offering, according to a news release.
Remaining proceeds from the notes will be used for general corporate purposes.
Inmarsat is a London-based mobile satellite communications company.
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