Maxar to offer $1.25B to refinance debt, revenues decline 5.9% YoY
This story was updated at 3 p.m. with details from Maxar’s earning report.
WESTMINSTER — In a bid to refinance its existing loans, Maxar Technologies Inc. (NYSE: MAXR) has launched a $1.25 billion fundraiser ahead of releasing its third-quarter earnings today, where the company beat Wall Street sales estimates by $10 million.
The Westminster-based aerospace and satellite-imaging company posted $479 million in revenues for the quarter and a net loss per share of 44 cents per share. Those figures beat Wall Street consensus estimates by $10.36 million and by a 6 cent loss per share, according to Seeking…
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