InfraOrbitThe capital behind space.
Export credit · May 2020

Hispasat €129m Bpifrance-backed financing for Amazonas Nexus

Manufacture of the Thales Alenia Space-built Amazonas Nexus satellite

Key terms

Borrower or issuer
Hispasat
Date
May 2020
Type
Export credit
Amount
€129m (US$147m)

Recorded terms

Structure
ECA-backed construction financing
Lenders and arrangers
Bpifrance Assurance Export cover with a pool of four financial institutions
Country
Spain

Parties

Similar financings

More from Hispasat

DateFinancingTypeAmount
4 Aug 2022Hispasat €250m ESG-linked revolving credit facility (2022)Bank facility€250m
21 Jun 2021Hispasat US$80.7m US EXIM financing for the Amazonas Nexus launchExport creditUS$80.7m

M&A and investment involving Hispasat

DateDealTypeValue
30 Dec 2025Indra acquisition of 89.68% of HispasatM&A€725m
3 Oct 2019Red Eléctrica acquisition of 89.68% of HispasatM&A€933m

Sources

  1. Hispasat press release: The Board of Directors of EXIM approves $80.7 million financing for Hispasat's Amazonas Nexus project hispasat.com · 22 Jun 2021

About this record

Record ORB-2020-0013, 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

Export credit agencies lend or guarantee against an export contract, which lowers pricing and stretches tenor for the buyer.

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