Loral considers alliance or sale of a major stake

Article Abstract:

Loral Space and Communications Ltd. is considering forming a partnership with another company. The company, which is experiencing satellite-telephone losses, may also sell off a major equity share in order to increase its declining share value.

Acquisitions & mergers

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Loral secures extension in bank credit lines

Article Abstract:

Loral Space and Communications Ltd. has extended the date that its bank credit lines are scheduled to mature by. The company's new date is 2005 for the maturity of almost $1.1 billion (1.25 billion euros) in bank credit lines.

Financial management, Use of Funds, Bank loans

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Loral narrows loss, but satellite unit remains weak

Article Abstract:

Loral Space and Communications Ltd. posted a lower loss for the 2001 first-quarter. The company posted quarterly net losses of $59 million (66.4 million euros), compared to $123 million loss during the same 2000 period.

Sales, profits & dividends

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