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
27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...

Perspective
01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated,...