Photographer: NASA via Getty Images

Satellite Pioneer That Broadcast Moon Walk Now Groans Under Debt

Updated on
  • Intelsat sold $1.25 billion of notes on Monday to buy time
  • Company has $15 billion debt load, high interest expenses

Intelsat SA, one of the world’s largest satellite operators, may have bought itself time to fix its debt problems. But it hasn’t made them go away.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.