Last-ditch WorldSpace financing may not be enough
WORLDSPACE FINANCING: WorldSpace Satellite Radio has secured $40 million in additional financing from Yenure Pte. Ltd. The funds, in the form of five-year, 8 percent subordinated convertible notes, are intended to help support the launch of a European digital audio radio service and attempts to...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.