Virgin Galactic is restructuring its debt in a bid to reach profitability before it runs out of money. The restructuring will probably raise interest costs, and will definitely dilute existing ...
Virgin Galactic is an aerospace and space travel company that is part of British billionaire Richard Branson's Virgin Group conglomerate. Virgin Galactic's first of seven commercial spaceflights ...
Virgin Galactic remains a high-risk, speculative stock with unsustainable cash burn and no meaningful revenue expected for at least 12 months. The company faces likely shareholder dilution or debt ...
Final maturity of New Notes extended to December 31, 2028 to better align debt repayment schedule with planned growth of Spaceline commercial operations Capital realignment reduces outstanding ...