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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
05 May 2026

Glencore scales new peaks with Project Matterhorn

Glencore has entered the securitisation market for the first time with an industry-leading receivables transaction. The challenges involved were significant, even for a...

Video
05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of...