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 Proximo 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 Proximo Intelligence contact us

Request Access

You might also like


Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...