Licence subsidiary
A special-purpose company that holds a licence and nothing else, so its shares can be pledged and sold with the licence.
See also: FCC licence · Share pledge
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Randeep Bubbra | Lawyer | Making space financeable
InfraOrbit Weekly
The week in space finance, read from the filings.
Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.
Working on a financing like this? Book 20 minutes with Randeep to see how it compares.