Satmex Bondholders Buy Time With New Satellite Deal
PARIS — Troubled Satelites Mexicanos (Satmex) has a new lease on life following an agreement by bondholders to provide funding for a new spacecraft. Named Satmex 8, the 64-transponder C-/Ku-band satellite was ordered on May 10 from Space Systems/Loral (SS/L). It is needed to replace Satmex 5, which...
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