UKEF-guaranteed US$325m loan for Türksat 5A and 5B (Airbus UK)
Purchase of two Airbus Defence and Space UK telecom satellites, their launch, in-orbit delivery and a ground station for Türksat
Key terms
- Borrower or issuer
- Türksat (Turkish Ministry of Treasury and Finance)
- Date
- 25 Apr 2019
- Type
- Export credit
- Amount
- US$325m
Recorded terms
- Structure
- UKEF guarantee of a US$325m loan to the Turkish Ministry of Treasury and Finance
- Lenders and arrangers
- UK Export Finance (guarantor)
- Country
- Turkey
Parties
- Türksat (Turkish Ministry of Treasury and Finance) borrower or issuer
- Public lenders and funders: UK Export Finance
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| 12 Mar 2015 | Viasat US$524.9m Ex-Im Bank direct loan for ViaSat-2 | Export credit | US$524.9m |
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Sources
- GOV.UK: UKEF supports Airbus UK as it delivers two satellites to Turksat gov.uk · 25 Apr 2019
About this record
Record ORB-2019-0014, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
