{"id":83214,"date":"2012-04-20T18:49:49","date_gmt":"2012-04-20T10:49:49","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/report-abs-seeking-ex-im-bank-financing-for-three-new-satellites\/"},"modified":"2012-04-20T18:49:49","modified_gmt":"2012-04-20T10:49:49","slug":"report-abs-seeking-ex-im-bank-financing-for-three-new-satellites","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/report-abs-seeking-ex-im-bank-financing-for-three-new-satellites\/","title":{"rendered":"Report: ABS Seeking Ex-Im Bank Financing for Three New Satellites"},"content":{"rendered":"<p>[04-20-12] <b>Asia Broadcast Satellite (ABS)<\/b> is seeking a loan of about $215 million from the <b>U.S. Export-Import Bank<\/b> and <b>HSBC Holdings<\/b> is advising on the financing, according to a <i>Bloomberg<\/i> report published April 19.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The export credit loan is expected to be in place by about the third quarter of 2012.<br \/>\nThe report said the proceeds of the loan would be used to fund the purchase of a satellite from <b>Loral Space &amp; Communications<\/b> and two satellites from <b>Boeing<\/b>. <b>ING Groep NV<\/b> has also been retained by ABS in a consultancy role for part of the funding.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In March, Boeing announced it had been awarded a contract for four electric propulsion satellites from ABS and Satmex. The first two satellites, ABS-3A and Satmex 7, are scheduled for delivery in late 2014 or early 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[04-20-12] Asia Broadcast Satellite (ABS) is seeking a loan of about $215 million from the U.S. Export-Import Bank and HSBC Holdings is advising on the financing, according to a Bloomberg report published April 19. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The export credit loan is expected to be in place by about the third quarter of 2012. The report said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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-83214","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83214"}],"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=83214"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83214\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=83214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=83214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=83214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}