GlobalStar (GSAT) Reports Q3 Loss of $0.01/Share
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Globalstar Announces Third Quarter 2019 Results
November 12, 2019 4:15 PM ESTCOVINGTON, La.--(BUSINESS WIRE)-- Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended September 30, 2019.
OPERATIONAL HIGHLIGHTS
Financing Update
We are in the final stages of completing the refinancing of our capital structure by executing an amendment and partial paydown of our existing senior secured credit facility agreement ("Facility Agreement") and raising a new second lien term loan facility ("Second Lien Facility").
As previously announced, we have reached an agreement in principle with our senior lenders under the Facility... More
