Eutelsat completes €5bn refinancing, closes €1.5bn bond to fund OneWeb refresh and back EU IRIS2
French satellite operator Eutelsat has closed the final step of a €5 billion refinancing package with a €1.5 billion ($1.7bn) bond issuance. The move refinances debt, improves liquidity for its OneWeb LEO constellation refresh and underpins investment in Europe’s IRIS2 sovereign connectivity programme.