{"id":47437,"date":"2026-03-06T19:57:24","date_gmt":"2026-03-06T11:57:24","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/eutelsat-completes-5-billion-euro-refinancing-package\/"},"modified":"2026-03-06T19:57:24","modified_gmt":"2026-03-06T11:57:24","slug":"eutelsat-completes-5-billion-euro-refinancing-package","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/eutelsat-completes-5-billion-euro-refinancing-package\/","title":{"rendered":"Eutelsat Completes 5 Billion Euro Refinancing Package"},"content":{"rendered":"<\/p>\n<p><strong>Eutelsat<\/strong> has completed its 5 billion euro ($5.8 billion) refinancing plan with the final step of a 1.5 billion euro ($1.7 billion) bond issuance, the company announced Friday. The company said it is working to support the deployment of its OneWeb Low-Earth Orbit (LEO) constellation and strengthen its financial flexibility by accelerating debt reduction.<\/p>\n<p>In June 2025, the company announced a 1.5 billion euro ($1.7 billion) equity raise, which saw the French and British governments increase their shares in the company. By late 2025, the company had completed a 828 million euro ($958.3 million) capital raise and a 670 million euro ($775.5 million) rights issue to the same shareholders.<\/p>\n<p>Eutelsat said the capital raise led to rating upgrades from Moody\u2019s and Fitch by two and three notches, to Ba3 and BB respectively.<\/p>\n<p>In February, Eutelsat issued 1.5 billion euro in bonds in a 850 million euro (\u202f$983.8 million) five-year tranche with 5.75% interest and a 650 million euro ($752.3 million) seven-year tranche with 6.25% interest to pay off 1.2 billion euro ($1.4 billion) in existing debt. The bond issuance concluded on Thursday, completing the refinancing process begun last year.<\/p>\n<p>Also part of this overall financing strategy was the recent loan from the French export credit agency to fund the 440 OneWeb refresh satellites Eutelsat has ordered.<\/p>\n<p>\u201cEutelsat has reached a major milestone with the completion of its comprehensive financing plan, marking a decisive turning point in the group\u2019s transformation,\u201d Eutelsat CFO Sebastien Rouge said. \u201cWith this strengthened financial foundation, Eutelsat is well positioned to accelerate the deployment of its multi-orbit strategy, support the future European IRIS\u00b2 constellation, and reinforce its position as Europe\u2019s leading provider of space connectivity.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eutelsat has completed its 5 billion euro ($5.8 billion) refinancing plan with the final step of a 1.5 billion euro ($1.7 billion) bond issuance, the company announced Friday. The company said it is working to support the deployment of its OneWeb Low-Earth Orbit (LEO) constellation and strengthen its financial flexibility by accelerating debt reduction. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47439,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-47437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/47437"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=47437"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/47437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/47439"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=47437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=47437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=47437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}