Intelsat rebounds 6.7% after pricing shares, notes

|About: Intelsat SA (I)|By:, SA News Editor

Intelsat (NYSE:I) is up 6.7% in NYSE trading after last night's pricing of dual offerings of shares and convertible notes.

That's a rebound from a 10% decline Monday.

Shares have been on a relatively precipitous climb in 2018, up 549% from a 52-week low of $2.44 in early February.

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