VSAT - Viasat offers $733.4M of senior notes
2023-09-13 07:44:42 ET
- Viasat ( NASDAQ: VSAT ) intends to offer an aggregate principal amount of $733.4M in senior unsecured notes due 2031.
- The notes will be jointly and severally guaranteed on a senior unsecured basis by all of Viasat's future domestic restricted subsidiaries that guarantee its existing revolving credit facility.
- The company plans to use funds along with cash on hand to repay the Bridge Facility in full. The company had utilized unsecured bridge loan facility of $733.4M for Inmarsat acquisition.
- Source: Press Release
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Viasat offers $733.4M of senior notes