Eutelsat completes €5bn refinancing to fund OneWeb fleet refresh and support Europe’s IRIS2
Eutelsat closed the final step in a €5 billion refinancing package, including a €1.5 billion bond and a two‑tranche facility (~$4.06 billion), to fund a refresh of its OneWeb LEO constellation and to support Europe’s IRIS2 sovereign connectivity programme. The financing completes a balance‑sheet reshuffle aimed at shoring up OneWeb operations.