Luxembourg’s SES bags €300M EIB loan to deliver broadcast and broadband services
Summary
Luxembourg-based SES, a satellite operator with a fleet of more than 70 satellites to deliver video and data solutions, announced on Wednesday, January 11, that it has received €300M in the form of a seven-year term loan from the European Investment Bank (EIB). This loan is the largest sum ever provided by the EIB to a Luxembourg-based company.
Funding
Amount
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Total raised
Date
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Announcement date
Investors
RR Media, European Investment Bank
Lead investors
Company
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Funded company
Classifications
industries
No industries detected
applications
Content Management
AskAI Classifications
Labels
Satellite Communications Software
Network Operations / NetOps Software
SaaS / Cloud Services
Linked Companies
SES S.A.
$1M to $5M