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Avanti Comms Group (AVN)

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Friday 08 March, 2019

Avanti Comms Group

Update on Super Senior Notes

RNS Number : 3627S
Avanti Communications Group Plc
08 March 2019
 

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 Fox
Tel: +44 20 7749 1600

 

Cenkos Securities (Nomad)

 

 

Max Hartley/Katy Birkin
Tel: +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


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