Hisdesat €750m Spanish state loan for SpainSat NG
Develop the SpainSat NG secure military and government communications satellites
Key terms
- Borrower or issuer
- Hisdesat
- Date
- 29 Mar 2019
- Type
- Government finance
- Amount
- €750m (US$840m)
Recorded terms
- Structure
- Direct multi-year loan from the Ministry of Industry under Royal Decree 208/2019, granted 25 July 2019
- Lenders and arrangers
- Spanish Ministry of Industry
- Country
- Spain
Parties
- Hisdesat borrower or issuer
- Public lenders and funders: Spanish Ministry of Industry
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More from Hisdesat
| Date | Financing | Type | Amount |
|---|---|---|---|
| 20 May 2025 | Hisdesat €1,012m Spanish state loan for PAZ 2 | Government finance | €1.01bn |
Sources
- BOE: Real Decreto 208/2019, loan to HISDESAT for the SPAINSAT-NG programme boe.es · 29 Mar 2019
- BOE: Real Decreto 1218/2024 amending Real Decreto 208/2019 boe.es · 4 Dec 2024
About this record
Record ORB-2019-0017, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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
Government and EU money comes as loans, guarantees or grants tied to a policy aim, with conditions on use of proceeds and reporting.
