Good news for satellite operators. According to a Reuters article now approved by the FCC, the latter has set a $6.3bn incentive pool to clear

Bigger investment promises less FCF for the bonds, and in our opinion, should put some pressure on this morning. 528 of the incremental

We are reading news articles (possibly AI-generated) portraying the collapsed sale of the ground infrastructure to

Bonds should not move much this morning. We had already been asking about the timing of the French defence ramp-up on the last call. The early

Eutelsat is following up its recent €1bn BPI guaranteed financing with the bond issuance (a condition precedent). The €1.5bn issue will

Following its recent unfunded order of 340 LEO satellites from Airbus, Eutelsat Communications SA, the topco, has received an

We have written before that we’ve never been fans of the EQT deal, although for a while it seemed that Eutelsat had no other option. Now that it has

The company announces the success of its rights issue, the second leg of its capital raising program. Over the course of Q4, therefore, Eutelsat will

Round 1 of the capital increase is underway for €828m of fresh equity. Thi sis the reserved leg to be subscribed by the French state, also

Yes, IRIS2 is committed to, but this is not the shift of funds that will boost the slower-than-expected government satellite

Following it’s capital increase, Eutelsat has found a new CFO in Sebastien Rouge, a safe pair of Parisian establishment hands with

According to Les Echos, London is ready to co-invest into Europe’s only LEO operator. The investment would not rival France’s 30% stake, but

The capital increase is underway. Yesterday night, the BPI informed that it had ceded its 13.6% share to APE, the corporate holding

Following its announcement of a large framework agreement with the French armed forces, Eutelst went further yesterday afternoon in also

The company has disclosed a 10-year framework agreement with the French DGA (Defence Procurement Agency) in the context of the

Shareholders are repositioning themselves as France is about to double their position in the company, and Sunil Mittal considers following

€1.5bn fresh Equity sounds about right and the State of France has been the favourite all along. This cash will not be used to