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Space Intel ReportPeter B. de Selding

Telesat faces $1.7B December debt payment as bondholders challenge LEO fund transfer

Telesat says it is pursuing good-faith negotiations with bondholders suing to reverse a 2025 transfer of funds to its dedicated Telesat LEO subsidiary. The satellite operator is also confronting a $1.7 billion debt payment due in December, adding financial pressure to its LEO strategy.

2026-08-17T12:20:28.531790-07:00