Top
image credit: Matt Brown / Flickr

JPMorgan Agents $2.1B Facility for Telesat Canada

December 13, 2019

Telesat Canada amended its secured credit agreement, providing for a new term loan facility of $1.909 billion and a new revolving credit facility with commitments of $200 million, which replaced the existing term loan and revolving facilities.

The revolving credit facility is currently undrawn. JPMorgan Chase Bank is acting as administrative agent and collateral agent for the facilities.

Read More on ABF Journal