Correction to Telesat Article -- WSJ
Dow Jones2026/10/19 23:40Creditors of Telesat have proposed a C$3.2 billion (roughly $2.27 billion) deal to help the company pay down a coming debt maturity and avert a default, according to people familiar with the matter. "Telesat Lenders Propose C$2.3 Billion Rescue Deal to Avert December Default," at 3:29 p.m. ET and an update at 4:09 p.m. ET, incorrectly said it was a C$2.3 billion (roughly $1.63 billion) proposed deal.
(END) Dow Jones Newswires
October 19, 2026 19:40 ET (23:40 GMT)
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