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Eutelsat secures €1bn financing to expand OneWeb LEO constellation - SatellitePro ME
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Eutelsat secures €1bn financing to expand OneWeb LEO constellation - SatellitePro ME
Eutelsat has signed an approximately €1bn export credit agency-backed financing agreement to support the procurement of new low Earth orbit satellites for its OneWeb constellation, strengthening the company’s refinancing strategy and long-term deployment plans. The funding will be provided by a consortium of commercial banks benefiting from a French state guarantee arranged through Bpifrance Assurance Export, covering roughly €975m equivalent. T…
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