Hispasat US$80.7m US EXIM financing for the Amazonas Nexus launch
SpaceX Falcon 9 launch services plus launch and initial in-orbit insurance for Amazonas Nexus; EXIM's first satellite-related financing since 2015
Key terms
- Borrower or issuer
- Hispasat
- Date
- 21 Jun 2021
- Type
- Export credit
- Amount
- US$80.7m
Recorded terms
- Structure
- EXIM direct loan or guarantee approved by the EXIM board
- Lenders and arrangers
- Export-Import Bank of the United States
- Country
- Spain
Parties
- Hispasat borrower or issuer
- Public lenders and funders: Export-Import Bank of the United States
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 28 Sep 2021 | MEASAT US$180m ECA-backed project financing for MEASAT-3d | Export credit | US$180m |
| 25 Apr 2019 | UKEF-guaranteed US$325m loan for Türksat 5A and 5B (Airbus UK) | Export credit | US$325m |
| 23 Jul 2025 | Space42 US$695.5m ECA-backed facility for Al Yah 4 and Al Yah 5 | Export credit | US$695.5m |
| 15 Jan 2026 | CesiumAstro US$185m EXIM direct loan (Make More in America) | Export credit | US$185m |
| 21 Jan 2026 | Viasat US EXIM direct loan for ViaSat-3 F1 launch and insurance | Export credit | US$188.7m |
More from Hispasat
| Date | Financing | Type | Amount |
|---|---|---|---|
| 4 Aug 2022 | Hispasat €250m ESG-linked revolving credit facility (2022) | Bank facility | €250m |
| May 2020 | Hispasat €129m Bpifrance-backed financing for Amazonas Nexus | Export credit | €129m |
M&A and investment involving Hispasat
| Date | Deal | Type | Value |
|---|---|---|---|
| 30 Dec 2025 | Indra acquisition of 89.68% of Hispasat | M&A | €725m |
| 3 Oct 2019 | Red Eléctrica acquisition of 89.68% of Hispasat | M&A | €933m |
Sources
- EXIM approves $80.7 million to support SpaceX launch services and US-brokered insurance for Hispasat satellite exim.gov · 22 Jun 2021
- Hispasat press release (EXIM approval) hispasat.com · 22 Jun 2021
About this record
Record ORB-2021-0009, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
