LightSquared… Financially Speaking…
[SatNews] LightSquared(tm) has closed on $850 million of debt, which represents the initial round of a syndicated secured credit facility arranged and led by UBS AG.
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Iridium… Financially Speaking… NEXT…
[SatNews] Iridium Communications Inc. (Nasdaq:IRDM) has signed the definitive Coface Facility Agreement to finance its next-generation satellite constellation, Iridium NEXT.
Read MoreCOM DEV… Financially Speaking…
[SatNews] COM DEV International Ltd.'s (TSX:CDV) data services subsidiary, exactEarth Ltd. (“the Company”), has added a strategic investor that will play an important role in delivering and growing the Company’s exactAIS™ service in the marketplace.
Read MoreGeoEye… Financially Speaking…
[SatNEws] GeoEye, Inc. (Nasdaq: GEOY) has completed the previously announced private placement of 80,000 shares of the Company's Series A Convertible Preferred Stock to Cerberus Satellite LLC, an affiliate of Cerberus Capital Management, L.P.
Read MoreLightSquared… Financially Speaking…
[SatNews] According to Bloomberg, LightSquared, the $7B Long Term Evolution (LTE) open-access mobile network that will use satellite spectrum (acquired by New York investment firm Harbinger Capital) has obtained a four-year $750M loan from UBS.
Read MoreIntelsat… Financially Speaking x2…
Intelsat S.A. has announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), intends to offer $900 million aggregate principal amount of senior notes due 2020 (the “notes”).
Read MoreRapidEye… Financially Speaking…
[SatNews] RapidEye has mandated Roland Berger Strategy Consultants to support its effort to raise additional funding for the company.
Read MoreAlliant Techsystems… Financially Speaking…
[SatNews] Alliant Techsystems (NYSE: ATK) is in discussions with a group of lenders about refinancing its existing senior credit facilities, consisting of a $500.0 million revolving credit facility and a $257.8 million term loan.
Read MoreNASA… CRuSR Flights (Demos)
[SatNews] Awards totaling nearly one-half million dollars have been awarded by NASA to a company in California and a company in Texas.
Read MoreISPCS… Funding Frets? (Event)
[SatNews] Raising capital to support a commercial space business strategy is a challenge for nearly all entrepreneurs.
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