September 2nd sees the first of BSkyB’s financial roadshow presentations take place with the aim of raising the extra cash it needs to buy Sky Deutschland and Sky Italia. Financial reports suggest that BSkyB is looking to raise $2 billion.

Last week BSkyB mandated three banks (Barclays, JP Morgan and Morgan Stanley) to lead the effort.

BSkyB raised some £6.6 billion earlier in August via a €4 billion 12-month term loan, as well as €2.5 billion and £450 million, both with limited time limits on their repayment. An additional £1 billion revolving credit line was also secured.  At the time BSkyB said it would re-finance some of this cash via the debt capital market.

Other posts by Chris Forrester:

1. Musk: ‘Problems with some Starlinks’
2. Busy two weeks for SpaceX
3. Virgin Orbit’s collapse
4. SpaceX: “We can boost launch capacity”
5. Kuiper: More details emerge
6. OneWeb gives up on stolen satellites
7. SES vs Intelsat: Appeal hearing March 20
8. Water could power satellite in orbit
9. Greenerwave’s ‘intelligent mirrors’ for satellites

Categories: Blogs, Business, Funding, Inside Satellite, Pay TV