Intelsat is confident it will eventually bounce back. The debt restructuring and decision to go private are the first milestones in that process of recovery.
Will Intelsat stock recover?
Under the proposed plan, Intelsat Jackson unsecured debt holders will receive 95% of the company's new shares, which translates to a recovery of about 8.5%, according to the company's disclosure statement.
Is Intelsat a buy?
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding INTELSAT SA is 'Not Rated'. Macroaxis provides INTELSAT buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding INTELSAT positions.