Refinancing is flying high in orbit in Southeast Asia

Friday, 18 august 2023

The Group’s corporate & investment banking arm, Natixis Corporate & Investment Banking, has successfully completed the refinancing of the MEASAT-3b telecommunications satellite providing service coverage in Southeast Asia.

Natixis acted as mandated lead arranger, facility agent, and hedging provider for the 6-year US$112 million loan for its client MEASAT international, a regionally based subsidiary of the MEASAT Group. 
The satellite, manufactured by Airbus Defence and Space and launched in 2014, provides enhanced broadcasting and telecommunication services covering Malaysia, Indonesia, South Asia, and Australia. This transaction is the 4th satellite financing operation completed in this part of the world by Natixis CIB, which supported its client in a similar transaction in 2021, for the financing of the MEASAT-3d satellite. 

Read the Press release