Viasat Subsidiaries to Launch $1.25 Billion Senior Notes Offering

MT Newswires Live

2024-09-09

Viasat Subsidiaries to Launch $1.25 Billion Senior Notes Offering

Viasat (VSAT) said Monday its indirect subsidies Connect Finco SARL and Connect US Finco are planning to privately offer $1.25 billion worth of senior secured notes due 2029.

The proceeds will be used to redeem a part of the issuers' outstanding 6.750% senior secured notes due 2026, Viasat said.

Price: 17.20, Change: +0.12, Percent Change: +0.70

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