Avanti completes refinancing

Avanti Communications has completed its previously announced $242.0m refinancing.

Chief executive David Williams said: “Avanti is grateful for the support of its investors and all stakeholders in completing the financing which supports the launch of HYLAS 4 this year.

“We can now focus all of our energies on the delivery of market-beating service to a growing list of international telecoms customers.”

At 9:24am: (LON:AVN) Avanti Communications Group PLC share price was +0.25p at 20.75p

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