NasdaqGS:VSATCommunications
Does Viasat’s (VSAT) New Export Credit Deal Reveal a Shift in Capital Discipline?
Viasat and its UK subsidiary ViaSat Technologies Limited previously entered into a US$188.7 million export credit facility with the U.S. Export-Import Bank to help fund construction, launch, and insurance costs for the ViaSat-3 F1 satellite, secured by first-priority liens on selected assets including the ViaSat-2 satellite.
This long-term funding arrangement adds structure and discipline to Viasat’s balance sheet while supporting the capital-intensive rollout of its next-generation...