Telesat completes $2.54 billion financing for Telesat Lightspeed satellite constellation
Type: Financing · Technology: Telecom, Other · Country: Canada · Value: CAD 2.54B · Announced: 2024-09-13
Telesat completed funding agreements totaling CAD 2.54 billion with the Government of Canada and the Government of Quebec to finance the build-out of the Telesat Lightspeed Low Earth Orbit broadband satellite constellation, covering satellites, launches, terrestrial landing stations/POPs and associated network systems.
Counterparties
- Government of Quebec (Lender)
- Telesat Corporation (Borrower)
- Government of Canada (Lender)
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