ORBCOMM has secured a $460 million refinancing package to strengthen its balance sheet and fund future growth. The financing is backed by Carlyle, Bain Credit, and Morgan Stanley. Strengthening capital and flexibility The deal refinances existing debt and adds new funding capacity through a delayed draw term loan and a revolving credit facility. This gives […] The post ORBCOMM secures $460M refinancing to expand IoT platform and growth appeared first on Container News .