| 2020-04-08 12:32:46|
I 12:32 04/08 04/08/20
Intelsat jumps after Debtwire says exploring relocation cost financing
Shares of Intelsat moved higher after Debtwire reported, according to Bloomberg, that the company is exploring financing for relocation costs. Intelsat's unsecured bondholders have hired a law firm, according to Debtwire. Shares of Intelsat are up 43%, or 45c, to $1.50 in afternoon trading.