News
07 November 2019

Iridium refinances 2010 ECA-backed facility with term loan B

In:
Telecoms and Communications
Region:
Americas

Satellite operator Iridium Communications has closed a $1.45 billion seven-year term loan B. The deal refinances outstanding debt on the Bpifrance-guaranteed $1.8 billion credit signed in 2010 that enabled the borrower to finance and complete its NEXT satellite program. An additional $100 million...

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