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Telesat launches US$3bn refi to push out maturities and pay dividend

Connectivity BusinessbyConnectivity Business
November 2, 2016
in Uncategorized
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Telesat has unveiled plans to secure more than US$3bn in debt for its first major refinancing in four years, after posting Q3 results showing revenues for the year so far slightly down on 2015. Some of the proceeds from the refi will be used to pay a US$400m cash dividend to its shareholders Loral Space & Communications and […]

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Tags: Loral Space & CommunicationsMacDonald, Dettwiler and AssociatesNorth AmericaOntario Teachers' Pension PlanPremiumPublic Sector Pension Investment BoardSpace Systems LoralSpaceXTelesat
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