TIDMAVN

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDBUGDXUUGBGCI

(END) Dow Jones Newswires

March 08, 2019 10:59 ET (15:59 GMT)

Avanti Communications (LSE:AVN)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Avanti Communications Charts.
Avanti Communications (LSE:AVN)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Avanti Communications Charts.