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ARTICLE · 05 DECEMBER 2013

Space Business Review - November 2013

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A monthly round-up of space industry developments for the information of our clients and friends.

United StatesTransport

SPACECOM $293M FINANCING

On November 10, Space-Communication Ltd. of Israel announced that it secured $293m in financing for its AMOS-6 satellite, consisting of $106m from Export-Import Bank of the United States, $140m from Export Development Canada and $47m from Israel Aerospace Industries Limited (IAI) for the satellite's manufacture, launch, insurance and financing costs. Currently being manufactured by prime contractor IAI, AMOS-6 will be equipped with a payload of up to 80 Ku- and Ka-band transponders provided by MDA Corp. and will be launched by Space Exploration Technologies Corp. on a Falcon 9 launch vehicle in 2015.

DIRECTV £350M DEBT OFFERING

On November 20, DIRECTV Holdings LLC and DIRECTV Financing Co., Inc. announced an offering of £350m aggregate principal amount of sterling-denominated 5.2% senior notes due 2033. The issuers plan to use the offering's net proceeds for general corporate purposes, potentially including a distribution to DIRECTV,

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