TITLE

Globalstar suspends debt payments to keep business going

AUTHOR(S)
Smith, Hilary
PUB. DATE
January 2001
SOURCE
RCR Wireless News;1/22/2001, Vol. 20 Issue 4, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decision of Globalstar Telecommunications Ltd. to suspend payments of debts to maintain business in the United States. Failure to pay interest and principal debts; Necessity of the payment freeze; Use of the cash available to support its obligations to employees.
ACCESSION #
4058214

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics