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zc182

04/15/20 1:32 PM

#749 RE: Fitzy_O #748

Well...Tepper also bought bonds which are a step safer in a bankruptcy.

8-K Today: https://www.streetinsider.com/SEC+Filings/Form+8-K+Intelsat+S.A.+For%3A+Apr+15/16744090.html

Witholding payments to keep cash in the bank.

Intelsat seeks bankruptcy loan while waiting for C-Band payout.

https://www.bloomberg.com/news/articles/2020-04-14/intelsat-seeks-bankruptcy-loan-to-stay-afloat-until-c-band-sale