Bulsatcom $210 million satellite financing

Value:

$ 210 million

Status:

Completed

Date:

1/4/2015

Bulgarian satellite TV provider Bulsatcom has acquired a new communications satellite from Space Systems/Loral.
The satellite will be the company's first dedicated broadcast satellite.
The deal was financed via a $210 million finance package put together by the US Export-Import Bank, Citigroup, Deutsche Bank and the EBRD.

Sam Duke - Editor

Bulgaria

Acquisition finance
Asset finance

Banking

Bulgaria

Technology and telecommunications

Allen & Overy

Party: Export-Import Bank of the United States (Lender)

Milbank

Party: Bulsatcom (Borrower)

Spasov & Bratanov

Party: Export-Import Bank of the United States (Lender)

Party: Citigroup (Lender)

Party: Deutsche Bank AG Na ON (Trustee)

Lawyers: Georgi Spasov, Nadia Hadjova, Vassil Hadjov

Wolf Theiss

Party: Deutsche Bank AG Na ON (Lender)

Party: European Bank for Reconstruction and Development (Lender)

Lawyers: Anna Rizova, Katerina Kraeva