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Spacemoney

Financial news for the space industry

Tag: Bank of America

Bank of America Corporation is a US bank holding company headquartered in Charlotte, North Carolina. Its investment banking arm is called BofA Securities.

M&A

Inmarsat delisted after private equity takeover

Satellite telecommunications company Inmarsat has been delisted from the London Stock Exchange as a result of its acquisition by a group of private equity and pension fund managers. Continue reading Inmarsat delisted after private equity takeover

Staff WriterDecember 5, 2019July 6, 2020Leave a comment
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High yield bonds

Maxar raises less than expected with high yield bond sale

Satellite manufacturer Maxar Technologies has priced a high yield bond offering while reducing the size of the deal from its original target of $1.25 billion to $1 billion. Continue reading Maxar raises less than expected with high yield bond sale

Staff WriterNovember 17, 2019July 6, 2020Leave a comment
Capital markets, High yield bonds

Price talk circulates for Maxar bond

The bookrunners on a $1.25 billion high yield bond for satellite manufacturer Maxar Technologies have communicated price talk to would-be investors and set a deadline for orders. Continue reading Price talk circulates for Maxar bond

Staff WriterNovember 14, 2019July 6, 2020Leave a comment
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Capital markets, M&A

Acquisition of Inmarsat delayed after activists pile in

Despite satellite operator Inmarsat’s earlier rejection of calls from activist shareholders to delay a pending $3.4 billion purchase of the company, the date of the final hearing has been pushed back to allow the court to “hear representations by interested parties.” Continue reading Acquisition of Inmarsat delayed after activists pile in

Staff WriterNovember 13, 20191 Comment
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Capital markets, M&A

Inmarsat investor Oaktree seeks to delay take-private deal

British satellite operator Inmarsat has rebuffed a request by investor Oaktree Capital Management to delay its acquisition by a consorium of private equity and pension fund investors. Continue reading Inmarsat investor Oaktree seeks to delay take-private deal

Staff WriterNovember 6, 2019November 6, 20191 Comment
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High yield bonds

Satellite maker Maxar launches debt offering

xar Technologies, which makes satellites and related equipment, has launched a private offering of senior secured notes totaling $1.25 billion to refinance existing debt. Continue reading Satellite maker Maxar launches debt offering

Staff WriterNovember 4, 2019July 7, 2020Leave a comment

Companies

  • Boeing
  • Inmarsat
  • International Launch Services
  • Kacific Broadband Satellites Group
  • Maxar Technologies
  • SES
  • SpaceX
  • United Launch Alliance
  • Virgin Galactic

Sections

  • Capital markets
    • Direct lending
    • High yield bonds
    • Investment grade bonds
    • IPOs
    • Loans
  • M&A
  • People and strategies
    • People moves

Archives

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  • March 2020 (1)
  • December 2019 (2)
  • November 2019 (6)
  • October 2019 (1)
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