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InfraOrbit financings register

132 space financings since 2015: bonds, convertibles, bank and acquisition facilities, export credit and government money. Filter, search and open any deal for its terms and primary sources.

Dated records

Financing history, 2015–2026.

BondsConvertiblesBank and acquisition loansGovernment and other

By date of signing, pricing or announcement. Volume in US$bn at approximate annual average rates; 2026 runs to 27 Oct 2026. Select a bar to open its records.

Show the figures
YearBondsConvertiblesBank and acquisition loansGovernment and otherTotal
2015––1 · US$888m1 · US$525m2 · US$1.4bn
20166 · US$5.2bn–3 · US$4.9bn–9 · US$10.1bn
20173 · US$2.5bn–2 · US$3.8bn1 · US$45m6 · US$6.3bn
20186 · US$5.6bn1 · US$350m1 · US$472m–8 · US$6.4bn
20197 · US$5.9bn–5 · US$8.0bn2 · US$336m14 · US$14.1bn
20203 · US$1.5bn–6 · US$1.8bn3 · US$1.0bn12 · US$4.4bn
20211 · US$739m–5 · US$8.6bn1 · US$12m7 · US$9.4bn
20222 · US$1.3bn1 · US$425m3 · US$2.8bn2 · US$335m8 · US$4.9bn
20232 · US$933m–7 · US$10.3bn–9 · US$11.2bn
20244 · US$9.1bn2 · US$385m5 · US$5.4bn6 · US$15.3bn17 · US$30.2bn
20251 · US$1.1bn9 · US$3.6bn8 · US$3.3bn2 · US$65m20 · US$8.1bn
20263 · US$3.1bn3 · US$2.4bn7 · US$4.6bn7 · US$2.3bn20 · US$12.4bn
Register composition

What is being financed?

Bonds: 38Convertibles: 16Bank and acquisition loans: 53Government and other: 25
132financings
Bonds3829%Convertibles1612%
Bank and acquisition loans5340%
Government and other2519%

One instrument per record. Volume counts funded debt and government money at US$ equivalents; programme-level and conditional commitments are counted, not added.

Show the figures
InstrumentFinancingsFunded (US$)
Bonds38US$36.9bn
Convertibles16US$7.2bn
Bank and acquisition loans53US$54.9bn
Government and other25US$20.0bn
Arrangers

Who leads the deals.

Bookrunner, arranger and direct lender roles from the filings. Lead volume is the full deal size, not each bank's share. All lenders →

Show the figures
BankLead volume (US$)Lead roles
BarclaysUS$11.3bn9
Wells FargoUS$9.0bn10
Deutsche BankUS$7.9bn8
RBC Capital MarketsUS$6.4bn4
J.P. MorganUS$5.2bn7
BMO Capital MarketsUS$4.6bn2
Credit SuisseUS$4.2bn4
Goldman SachsUS$4.1bn2
Morgan StanleyUS$4.1bn2
BofA SecuritiesUS$4.1bn3

Download the full register with every term and source link as a spreadsheet. Free for subscribers.

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The instruments

Randeep Bubbra
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The week in space finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.

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