Luxembourg’s SES bags €300M EIB loan to deliver broadcast and broadband services

Funding Rounds

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

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Amount - Total raised
Date - Announcement date
Investors RR Media, European Investment Bank Lead investors
Company - 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