shares of globalstar inc gsat charged 69 higher in morning trading wednesday after the telecommunications connectivity company announced a financing deal that didn’t include equity the stock’s gain comes a day after it rose 23 to bounce off monday’s 13month closing low of 99 cents the company said it has entered into a purchase agreement with an affiliate of värde partners for the sale of 200 million in 13 senior notes due 2029 which are “nonconvertible and therefore do not result in any equity dilution” the company said it will use the proceeds from the financing to pay off what’s remaining in the 2019