Viasat Subsidiaries Upsizes And Prices Offering Of $1.975B Of Its 9.000% Senior Secured Notes Due 2029
Portfolio Pulse from Benzinga Newsdesk
Viasat's subsidiaries have increased and priced an offering of $1.975 billion in 9.000% senior secured notes due in 2029. This move is likely aimed at raising capital for strategic initiatives or debt refinancing.
September 11, 2024 | 9:16 pm
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Viasat's subsidiaries have successfully upsized and priced a $1.975 billion offering of 9.000% senior secured notes due 2029. This indicates a strategic move to raise capital, potentially for expansion or refinancing existing debt.
The successful pricing and upsizing of the note offering suggests strong demand and confidence in Viasat's financial strategy. This could be seen positively by investors as it provides the company with additional capital for growth or debt management.
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