Azerbaijan in talks with ITU over second satellite position
The Azerbaijani Communications and Information Technologies Ministry is in talks with the International Telecommunication Union (ITU) to establish an orbital ...
Tag: Coface
Seaborn looks to seal US$400m project financing – CEO
US-based Seaborn Networks plans to invest US$400m in a subsea cable that will connect New York with Sao Paulo and ...
Nilesat could return to domestic financing
Egyptian satellite operator Nilesat could once again secure a domestic loan as it looks to procure a new DTH satellite. ...
Iridium announces US$100m preferred stock sale
MSS operator Iridium is raising nearly US$100m through a private offering of one million shares of preferred stock. The shares, ...
Globalstar faces renewed default risk with Arianespace dispute
Globalstar is once again in danger of defaulting on its Coface facility, after Arianespace flagged a missed payment for launching ...
Iridium amends Coface debt to shield possible warrant shortfall
Iridium has amended its US$1.8bn Coface credit facility to allow the MSS operator to raise capital if it fails to ...
NewSat secures US$103m Coface funding, gets OK for Ex-Im loan
Australian satellite operator NewSat has announced that it has secured export credit funding from Coface in the amount of US$102.74m for ...
Globalstar settles Thales Alenia Space contract dispute
Mobile satellite operator Globalstar has agreed to acquire a further six spacecraft from Thales Alenia Space, after the two companies settled ...
NewSat closes in on US$380m ECA debt funding
Australian satellite operator NewSat said that it expects to secure the US$380m of export credit agency finance guarantees it needs ...
Thales dispute could force Globalstar into Chapter 11
Mobile satellite operator Globalstar has warned it could be forced into Chapter 11 bankruptcy protection if it is unable to resolve ...
