February Financing Highlights
February 15 – Avanti Communications Group plc secured an extension of its super senior facility to January 31, 2022 and its 1.25/1.5 lien credit facility to July 31, 2022, along with a new capital injection of $30m from existing junior lenders.
February 26 – The Government of Indonesia announced that it secured $545m in project financing – including $431m in debt from a group of international banks and export credit agencies – for the all-electric, 150 Gbps / 5G digital processor High Throughput SATRIA-1 satellite, which will be manufactured by Thales Alenia Space and launched by Space Exploration Technologies Corp. The project is a public-private partnership between the Indonesian government and established satellite operator PT Pasifik Satelit Nusantara.
Read more related news in Space Business Review February 2021.
