SES Borrowing S171.5M from U.S. Ex-Im Bank for QuetzSat

摘要

The U.S. Export-Import Bank on Dec. 14 said it has approved a direct loan of $171.5 million to cover the construc-rntion and launch insurance of the QuetzSat telecommunications satellite under construction for satellite fleet operator SES of Luxembourg.The loan represents the second time in 12 months that SES, has tapped the export-credit market for support. The company sought and received backing from the Export-Import (Ex-lm) Bank's French equivalent, Coface, in December 2009, in a $700 million package covering the construction of four SES satellites by Europe's Astrium Satellites.