|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Deutsche Bank Leads $200MM Credit Facility for Aireon
Thursday, January 17, 2019
|
Lenders/Participants
|
Deutsche Bank [Lead Lender]
|
|
Structure
|
Credit Facility
|
|
Amount
|
$200.000
Million
|
|
Borrower(s)
|
Aireon LLC
|
|
Description
|
A credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank. This credit facility provides Aireon with the resources to fund various company initiatives and to continue to pay Iridium for the costs related to the integration, launch and hosting of the AireonSM payload on each of the 81 Iridium® NEXT satellites. The agreement was signed on December 21st, 2018. Transaction details not disclosed.
|
|
Industry
|
Aerospace
|
| Related Tags |
Deutsche Bank
|
ABL Advisor
Deal Tables
2024
|
|
|
|