Al Yah Satellite Communications Company PJSC

Al Yah Satellite Communications Company - Bpifrance Covered Loan

Industry
Telecoms and Communications/Satellite
Area of finance
Export & Agency Finance
Region
Middle East
Countries
United Arab Emirates

Deal Overview

The fixed and mobile satellite services operator based in United Arab Emirates - Al Yah Satellite Communications company ("Yahsat") successfully raised USD 700.5m thru the combination of (i) a USD 300.5m Bpifrance covered loan and (ii) a USD 400m Term Loan. Natixis acted as Global agent of...

show more

The fixed and mobile satellite services operator based in United Arab Emirates - Al Yah Satellite Communications company ("Yahsat") successfully raised USD 700.5m thru the combination of (i) a USD 300.5m Bpifrance covered loan and (ii) a USD 400m Term Loan. Natixis acted as Global agent of the facilities and ING bank acted as Financial Advisor to Yahsat while SFIL stepped in to refinance some of the lenders. This transaction enables Yahsat both to refinance existing facilities and to finance the new Thuraya 4 satellite procured from Airbus Defence and Space.


show less
Deal Volume
$ 700.5m
Financial Close
14 June 2021
Sources
Submitted by participant(s)

All Dealmakers

Charlotte Berry

To view dealmakers, please tag or log in to tagmydeals

Matthieu Jamin

To view dealmakers, please tag or log in to tagmydeals

Charlotte Berry

To view dealmakers, please tag or log in to tagmydeals

Arnaud Sarret

To view dealmakers, please tag or log in to tagmydeals

Pierre-Marie Debreuille

To view dealmakers, please tag or log in to tagmydeals

Nagib EID

To view dealmakers, please tag or log in to tagmydeals

Emmanuel Lemoine

To view dealmakers, please tag or log in to tagmydeals

Tag yourself
Tag a colleague

Tranches


To view all tranche and pricing information, please sign up or log in