MEASAT US$112m refinancing of MEASAT-3b
Refinancing of the existing MEASAT-3b senior debt
Key terms
- Borrower or issuer
- MEASAT
- Date
- 24 Jul 2023
- Type
- Bank facility
- Amount
- US$112m
Recorded terms
- Structure
- Six-year fully amortising term loan, single drawdown at financial close
- Lenders and arrangers
- Natixis CIB (mandated lead arranger, facility agent, security agent and hedging provider)
- Country
- Malaysia
Parties
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| 14 Aug 2023 | AST SpaceMobile US$100m senior secured term loan (Atlas Credit Partners) | Bank facility | US$100m |
| 24 Aug 2023 | Viasat US$597.5m revolving credit facility (2023 extension) | Bank facility | US$597.5m |
| 30 Aug 2023 | ispace ¥3bn Sumitomo Mitsui Banking Corporation loan (2023) | Bank facility | JPY 3bn |
| 20 Sep 2023 | Iridium US$1.5bn term loan B and US$100m revolver (2023 amendment) | Bank facility | US$1.6bn |
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More from MEASAT
| Date | Financing | Type | Amount |
|---|---|---|---|
| 28 Sep 2021 | MEASAT US$180m ECA-backed project financing for MEASAT-3d | Export credit | US$180m |
Sources
- Groupe BPCE: Natixis CIB successfully completes US$112m refinancing of MEASAT-3b satellite newsroom-en.groupebpce.fr · 24 Jul 2023
About this record
Record ORB-2023-0011, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
