Inmarsat US$2.08bn 6.75% senior secured notes due 2026 (take-private financing)
- Issuer or borrower
- Inmarsat (Connect Bidco)
- Date
- Oct 2019
- Amount
- US$2.08bn
- Type
- Bond
- Structure
- Private placement of senior secured notes by Inmarsat subsidiaries as part of the Connect Bidco take-private financing
- Pricing
- 6.750%
- Maturity
- 2026
- Purpose
- Take-private of Inmarsat plc by Apax, Warburg Pincus, OTPP and CPPIB
- Country
- United Kingdom
Sources
- Viasat Form 10-K FY2025 (Inmarsat 2026 Notes) sec.gov · May 2025
Checked against the documents above. Record ORB-2019-0004.
M&A and investment involving Inmarsat (Connect Bidco)
| Date | Deal | Type | Value |
|---|---|---|---|
| 30 May 2023 | Viasat acquisition of Inmarsat | M&A | US$7.3bn |
| Dec 2019 | Connect Bidco take-private of Inmarsat | M&A | Not disclosed |
