
Telesat, founded in 1969 and headquartered in Ottawa, Canada, is a leading satellite operator dedicated to providing high-quality satellite communications services. The company specializes in advanced satellite solutions for various sectors, including telecom, broadcasting, and government, facilitating global connectivity and data services through its innovative satellite technology.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
TELSAT 6.50% 2027-10-15 USDTelesat | Kyrgyzstan | 2027-10-15 | 6.500 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Telesat began issuing bonds in the early 2000s to support its growth initiatives. A notable issuance was the $400 million bond in 2018, funding the launch of its low Earth orbit (LEO) satellites to enhance its service portfolio. As of 2023, Telesat bonds have been yielding approximately 5.5%, which remains competitive within the satellite industry. Furthermore, the company announced plans to issue additional bonds in the upcoming year to finance further expansion, reflecting its strategic emphasis on capitalizing on the fast-growing demand for satellite broadband services.