Viasat Announces Proposed Private Placement of $733.4M Of Senior Notes
Portfolio Pulse from Benzinga Newsdesk
Viasat Inc. (VSAT) has announced a proposed private placement of $733.4 million of senior notes. The proceeds from the placement will be used for general corporate purposes.
September 13, 2023 | 11:39 am
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POSITIVE IMPACT
Viasat's proposed private placement of senior notes could potentially increase the company's liquidity and provide funds for general corporate purposes.
The proposed private placement of senior notes by Viasat could potentially increase the company's liquidity, providing it with additional funds for general corporate purposes. This could have a positive impact on the company's financial stability and future growth prospects, which could in turn positively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100