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Stock impact report

Viasat Taps US$188.7m Credit To Fund ViaSat 3 F1 And Debt Mix [Yahoo! Finance]

ViaSat, Inc. (VSAT) 
Last viasat, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.viasat.com
Company Research Source: Yahoo! Finance
Viasat (NasdaqGS:VSAT) secured a new $188.7 million export credit facility with the U.S. Export Import Bank. The facility is intended to finance the construction and launch of the ViaSat 3 F1 satellite. The agreement supports Viasat's next generation satellite program and related capital needs. Viasat focuses on satellite based communications, including broadband connectivity and related services for consumers, businesses, governments and mobility customers. The ViaSat 3 F1 satellite sits within the company's next generation constellation plan. This plan is central to its data capacity and global coverage ambitions. For investors following satellite communications, the new facility ties directly to how Viasat funds and builds that infrastructure. The additional export credit facility gives Viasat another source of long term funding specifically aligned to ViaSat 3 F1. Readers tracking NasdaqGS:VSAT may view this as a data point to consider when assessing future capital needs, Show less Read more
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