[Satellite TODAY 03-22-10] Sea Launch has received approval from the U.S. Bankruptcy Court in Delaware to secure an additional $12 million loan from Space Launch Services (SLS), Sea Launch announced March. 18.
    Sea Launch, which announced in June that it entered Chapter 11 bankruptcy protection, will use the financing to continue operations through reorganization. SLS also provided a $12.5 million loan to Sea Launch in November. SLS is providing financing to Sea Launch in collaboration with Excalibur Almaz.
    Sea Launch said it would soon release its plan to revise and reorganize its supply chain management structure with its partner organizations. The company is in discussions with interested investor groups to secure exit financing, Sea Launch said.

Sea Launch Receives Second Loan from Space Launch Services   Satellite Today   March 1, 2010
[Satellite TODAY 03-01-10] Sea Launch will receive a second debtor-in-possession loan for $12 million from Space Launch Services to allow Sea Launch to continue operating through the next phase of its reorganization process.

Sea Launch Secures Credit Facility Approval, Outlines Reorganization Plan   Satellite Today   December 4, 2009
[Satellite TODAY 12-04-09] Sea Launch received final approval from the U.S. Bankruptcy Court in Delaware on its motion to secure up to $12.5 million in debtor-in-possession financing from Space Launch Services, Sea Launch announced Dec. 3.

Sea Launch Receives $12.5 Million Bankruptcy Credit Line; Seeks Exit Financing   Satellite Today   November 12, 2009
[Satellite TODAY 11-12-09] Sea Launch Co. received interim approval from the U.S. Bankruptcy Court of Delaware to secure up to $12.5 million in debtor-in-possession financing from Space Launch Services to provide working capital to continue Sea…