Maxar take-private by Advent
- Issuer or borrower
- Maxar Technologies
- Date
- 3 May 2023
- Amount
- US$6.4bn
- Type
- Acquisition finance
- Structure
- All-cash take-private at $6.4bn enterprise value: $3.1bn Advent equity, $1bn BCI equity and committed debt financing; Maxar's 7.54% and 7.75% notes redeemed at closing
- Country
- United States
Sources
- Maxar: definitive agreement with Advent (8-K exhibit 99.1) sec.gov · 16 Dec 2022
- Maxar Form 8-K: completion of merger sec.gov · 3 May 2023
Checked against the documents above. Record ORB-2023-0001.
Other financings by Maxar Technologies
| Date | Financing | Type | Amount |
|---|---|---|---|
| 10 Jun 2022 | Maxar Technologies US$500m 7.75% senior notes due 2027 | Bond | US$500m |
| 18 Nov 2019 | Maxar Technologies US$1,000m 9.75% senior notes due 2023 | Bond | US$1bn |
M&A and investment involving Maxar Technologies
| Date | Deal | Type | Value |
|---|---|---|---|
| 3 May 2023 | Advent International take-private of Maxar Technologies | M&A | US$6.4bn |
| 1 Jul 2020 | Maxar acquisition of Vricon | M&A | US$140m |
| 8 Apr 2020 | Northern Private Capital acquisition of MDA from Maxar | M&A | C$1bn |
