Portland advises O3b on a further $460m of financing
O3b Networks closes $460M of new financing to expand its constellation
Continuing the successful relationship with O3b Networks that started with its original financing in 2010, Portland’s Nick Flitterman and Darryck Luiz advised the company on completing its fourth financing in 6 years to fund the expansion of the constellation from 12 to 20 satellites in response to a growing customer demand.
More information on O3b and its successful start to operational life can be find on the company website here.
For further information on this transaction or in relation to satellite financing, contact Nick Flitterman on +44 20 7183 8385 or nick.flitterman@portlandadvisers.com