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Thuraya seeks US$1.1bn to fund next-generation satellites

Connectivity BusinessbyConnectivity Business
September 15, 2016
in Financing, Space Services
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Dubai-based Thuraya is looking to raise US$1.1bn for its next-generation constellation with a 60-40 split between debt and equity. Speaking on the sidelines of Euroconsult’s World Satellite Business Week, Thuraya CEO Samer Halawi told SatelliteFinance that the company is eyeing equity from new strategic investors who would take a stake in the MSS operator and ECA-backed debt to […]

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