8 Mar 2019 15:59
8 March 2019
Avanti Communications Group PLC
Update on Super Senior Notes
Avanti Communications Group plc ("Avanti" or the "Company") regularly assesses the appropriateness and the requirements of its capital structure. As a result of a recent review and considering the maturity profile of its super senior facility, the Company is reviewing options to refinance that facility.
Further announcements will be made in due course.
This announcement contains inside information.
For further information, please contact:
Avanti Communications
| Nigel FoxTel: +44 20 7749 1600
|
Cenkos Securities (Nomad)
| Max Hartley/Katy BirkinTel: +44 207 397 8900
|
Newgate Communications | Ralph Anderson +44 (0)20 3757 6883 |
About Avanti
Avanti is focused on Government and international operations in need of secure broadband connectivity across Europe, Middle East and Africa. Avanti's HYLAS fleet offers up to 50 GHz of Ka and Mil-Ka capacity over an expanding market.
Avanti delivers the level of quality and flexibility that the most demanding telecoms customers in the world seek. Avanti is the first mover in high throughput satellite data communications in EMEA. It has rights to orbital slots and KA-band spectrum in perpetuity that covers an end market of over 1.7bn people. The Group has invested $1.2bn in a network that incorporates satellites, ground stations, datacentres and a fibre ring.
Avanti has a unique Cloud-based customer interface that is protected by patented technology. Avanti is listed in London on AIM (AVN: LSE). www.avantiplc.com