EIB lends €300 million to finance SES’s new satellites program

The European Investment Bank (EIB) and SES have announced their €300 million financing agreement details. The seven-year term loan will …
EIB lends €300 million to finance SES’s new satellites program

The European Investment Bank (EIB) and SES have announced their €300 million financing agreement details. The seven-year term loan will back investments related to the design, procurement, and launch of three previously announced satellites that will deliver advanced broadcast and broadband services spanning Western Europe, Africa, and the Middle East. The loan is the largest amount that the EIB has ever provided to a Luxembourg-based company.

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Joshua Faleti
Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.
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