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Telecoms
02 February 2011
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Telkom signs Sinosure deal
Telkom has signed a Sinosure-backed $127 million seven-year loan to part fund its capital expenditure programme, which includes service expansion plans in South Africa, for which Huawei is equipment supplier. Absa Bank and Barclays were joint co-ordinating mandated lead arrangers for the oversubscribed transaction. The MLA group also includes Bank of China, China Construction Bank, China Development Bank, Citi, HSBC and SMBC.
SES closes with US Ex-Im on QuetzSat
Luxembourg-based satellite operator SES has closed a $171.5 million loan with US Ex-Im to fund the acquisition of a new Ku-band broadcast satellite. The satellite, QuetzSat-1, will be built by Space Systems/ Loral and leased by SES...
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