Eutelsat €900m senior facilities (€400m term loan and €500m RCF)
Refinance the €450m Eutelsat SA RCF (2027), the €100m Eutelsat Communications RCF (2027) and the €400m Eutelsat Communications term loan (2027), moving bank debt to the holding company
Key terms
- Borrower or issuer
- Eutelsat
- Date
- 25 Nov 2025
- Type
- Bank facility
- Amount
- €900m (US$1.0bn)
- Maturity
- 2028 (two one-year extension options)
Recorded terms
- Structure
- €500m revolving credit facility and €400m term loan at Eutelsat Communications SA, three-year maturities with two one-year extension options
- Lenders and arrangers
- Eutelsat's banking partners (not named)
- Country
- France
Parties
- Eutelsat borrower or issuer
Similar financings
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|---|---|---|---|
| 7 Nov 2025 | Firefly Aerospace US$135m revolver upsize (to US$260m) | Bank facility | US$135m |
| 20 Feb 2026 | Redwire amended credit agreement | Bank facility | US$120m |
| 8 Aug 2025 | Firefly Aerospace US$125m senior secured revolving credit facility | Bank facility | US$125m |
| 22 Jul 2025 | OHB €350m syndicated credit facility (2025) | Bank facility | €350m |
| 3 Apr 2026 | Firefly Aerospace US$45m revolver upsize (to US$305m) | Bank facility | US$45m |
More from Eutelsat
| Date | Financing | Type | Amount |
|---|---|---|---|
| 5 Mar 2026 | Eutelsat €1.5bn senior notes (5.75% 2031 and 6.25% 2033) | Bond | €1.5bn |
| 11 Feb 2026 | Eutelsat export credit financing for OneWeb LEO satellites | Export credit | €975m |
| 27 Mar 2024 | Eutelsat €600m senior notes due 2029 | Bond | €600m |
| 7 Oct 2020 | Eutelsat €600m 1.5% bond due 2028 | Bond | €600m |
| 6 Jun 2019 | Eutelsat €600m 2.25% bond due 2027 | Bond | €600m |
| Sep 2018 | Eutelsat €800m 2.00% bond due 2025 | Bond | €800m |
M&A and investment involving Eutelsat
| Date | Deal | Type | Value |
|---|---|---|---|
| 12 Dec 2025 | Eutelsat €670m rights issue | Equity raise | €669.8m |
| 21 Nov 2025 | Eutelsat €828m reserved capital increase | Equity raise | €828m |
| 28 Sep 2023 | Eutelsat and OneWeb combination | M&A | Not disclosed |
Sources
- Eutelsat: launch of rights issue and refinancing of syndicated bank facilities (AMF filing) echanges.dila.gouv.fr · 25 Nov 2025
- Eutelsat: completion of its comprehensive refinancing plan eutelsat.com · 6 Mar 2026
About this record
Record ORB-2025-0019, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
