Kacific Conducts First Mobile Backhaul over Geo-Stationary Ka-band Satellite in Pacific Islands | Kacific’s first satellite successfully launches to space! [English and Bahasa] | JCSAT-18/Kacific1 Mission | Kacific secures US$160 million in long-term credit facilities | Directing affordable broadband capacity to places where its most needed | ADB aims high – first ever ADB satellite financing expanding broadband access for millions | Kacific and Tata Communications Ink Global IP Connectivity and Cyber Security Deal | Vanuatu’s Telemedicine Initiative Continues to Save Lives In Remote Areas – Thanks to Affordable Broadband Internet Provided by Kacific | Christian Patouraux named Satellite Executive of the Year – APSCC | Kacific1 satellite arrives at SpaceX launch site in Cape Canaveral, Florida | Kacific1 Milestone: Boeing has shipped Kacific1 | Kacific Secures Infrastructure Location With Petro1 For Its Broadband Services To Indonesia And The Wider Region. | Chicago Booth Magazine Spotlights Cyril Annarella’s Success In Aerospace Feature | Winner of essay writing contest Mariah Nasak visits Boeing and SpaceX | Samoa’s Telecommunications Regulator Views Brand-New Kacific1 Satellite at Boeing Factory | L’Internet satellitaire à haut débit arrivera en Polynésie française au début 2020 | Agile Players Gravity and Kacific Bring Competition to Broadband Market | Kacific Taps ABS’ Ground Infrastructure for its Gateway Services to the Philippines and the Greater Pacific Region. | Kacific to Fly Vanuatu Student to Visit Space Factories | Kacific1 Milestones: Bus and Payload Integration Complete | Media Statement: Samoa’s Pacific Satellite Connectivity Project and Kacific | Pacific Satellite Connectivity Project – Samoa | Christian Shares Personal Journey With Salamander Magazine | Kacific Recognised for Best Digital Inclusion in the Pacific | INSEAD Alumni Gain Insight Into The Business Of Affordable Internet | Award-Winning Satellite Technology Driving Solutions to the Digital Divide | Interview with Philippines Airlines’ Mabuhay Magazine | Kacific1 Moves Into Final Phase Of Construction – On Track For 2019 Service | Tongan Government Signs Deal With Kacific for Remote Island Connectivity and Fibre back-up | Satellite’s Role In Relieving The Tonga Fibre Cut | Activations, Presentations and Party Time at PITA 2019 | Kacific CEO Talks with Telecom Times | Kacific Becomes a Full Member of GVF | Kacific Sponsors FICTAP 20th International Cable Congress | Meeting Data Demand in Pacific Townships | Kacific1 Milestones: Testing Begins | Tongan Fibre-Optic Cable Outage Relieved by Satellite | Kacific Awards Newtec Contract To Boost Affordable Broadband Services Across Asia-Pacific On Kacific1 | Kacific Lays Out Service Plans to Support Launch of Kacific1. Outlines Plans for Kacific2 | Philippines VIPs Mark Milestones in the Construction of Kacific Satellite at Boeing Factory | Kacific Accepts 2018 Better Satellite World Award | “Building a 4G LTE Network has Never Been Cheaper or Easier” Says Adrian Potter | New Zealand Sales Director Matteo Catanuto Speaks with NZ’s #1 Podcast | Senior Government Ministers and Public Servants Mark Milestone in Satellite Construction at Boeing Factory | Kacific Announced as Recipient of the 2018 Better Satellite World Award from Space & Satellite Professionals International | Connecting the World, Village by Village: Five Reasons Why Satellite is the Key | John Hawker Strengthens Kacific Sales Team, Leading Efforts Across Melanesia and the Pacific | Diversification in the Wave of Next-Generation Satellites | Kacific Appoints Matteo Catanuto to Head Sales in New Zealand and the Pacific | Kacific Selects Kratos to Build State-of-the-Art Multi-Site Gateways for Kacific-1 | Kacific appoints Brandon Seir to Head Broadband Marketing of Products as Satellite Launch Looms | Kacific Listed by Techcrunch Amongst Most-Funded New Private Satellite Companies Worldwide | Kacific and Gardamor to Connect Remote Health Clinics Throughout Timor-Leste | High Throughput, Low Cost – The Future Of Satellites In Asia Pacific | Kacific at PITA 2018: Accessibility Grows Micro Markets In The Pacific | Introducing GigStarter: Connect Your Connections | Vanuatu Flag Raised as Country’s First Commercial Satellite Commences Construction at Boeing Satellite Systems | Kacific heads to New Zealand: ‘Land of the Long White Cloud’ | Kacific-1 Passes Critical Design Review – Moves Into Production Phase | NewSpace People: “No Company has Ever Targeted This Segment of The Market with a Realistic Value Proposition.” | Kacific Selects SpaceX to Provide Launch Service | Taking the Tour de Timor to the World via Kacific’s Satellite Connections | Kacific Places Order with Boeing for a High Throughput Satellite | Via Satellite: “Kacific Capacity More Than 70 Percent Presold on First Satellite” | Kacific’s First Operational Service – Connecting Rural Vanuatu to the World | “Beyond the Blue Continent” in SatMagazine | Kacific selects AV-Comm teleport for first satellite broadband service in the Pacific | SatelliteFinance reports on UK private investor stake in Kacific | UK Private Investor Takes US$20 Million Stake in Kacific | Kacific features in a Satellite Finance story | Kacific honoured with award for Best Potential in Asia | Kacific the ‘budget airline’ of the internet in rural Indonesia | Kacific and BigNet bring fast affordable broadband to all Indonesians | Pacific Wave Conference: connectivity key to economic growth and resilience | Tokelau selects Kacific to deliver high-speed broadband | Vanuatu government announces a new dawn in education | Kacific to bring fast broadband to Kiribati’s most remote islands | Kacific signs cooperation agreement supporting ITU’s affordable connectivity program for 11 Pacific countries | Kacific inks five year satellite broadband agreement with Solomon Telekom Company Limited | “Flying High” in August CommsDay | Tuvalu Telecommunications Corporation signs five year satellite broadband deal with Kacific | Kacific Features in SatMagazine’s June 2014 issue | Kacific offers Vanuatu Students a chance to “Touch the Sky” | Kacific satellite to provide faster, more affordable broadband to Pacific nations | Data demand drives opportunities for HTS satellites | Kacific Conducts First Mobile Backhaul over Geo-Stationary Ka-band Satellite in Pacific Islands | Kacific’s first satellite successfully launches to space! [English and Bahasa] | JCSAT-18/Kacific1 Mission | Kacific secures US$160 million in long-term credit facilities | Directing affordable broadband capacity to places where its most needed | ADB aims high – first ever ADB satellite financing expanding broadband access for millions | Kacific and Tata Communications Ink Global IP Connectivity and Cyber Security Deal | Vanuatu’s Telemedicine Initiative Continues to Save Lives In Remote Areas – Thanks to Affordable Broadband Internet Provided by Kacific | Christian Patouraux named Satellite Executive of the Year – APSCC | Kacific1 satellite arrives at SpaceX launch site in Cape Canaveral, Florida | Kacific1 Milestone: Boeing has shipped Kacific1 | Kacific Secures Infrastructure Location With Petro1 For Its Broadband Services To Indonesia And The Wider Region. | Chicago Booth Magazine Spotlights Cyril Annarella’s Success In Aerospace Feature | Winner of essay writing contest Mariah Nasak visits Boeing and SpaceX | Samoa’s Telecommunications Regulator Views Brand-New Kacific1 Satellite at Boeing Factory | L’Internet satellitaire à haut débit arrivera en Polynésie française au début 2020 | Agile Players Gravity and Kacific Bring Competition to Broadband Market | Kacific Taps ABS’ Ground Infrastructure for its Gateway Services to the Philippines and the Greater Pacific Region. | Kacific to Fly Vanuatu Student to Visit Space Factories | Kacific1 Milestones: Bus and Payload Integration Complete | Media Statement: Samoa’s Pacific Satellite Connectivity Project and Kacific | Pacific Satellite Connectivity Project – Samoa | Christian Shares Personal Journey With Salamander Magazine | Kacific Recognised for Best Digital Inclusion in the Pacific | INSEAD Alumni Gain Insight Into The Business Of Affordable Internet | Award-Winning Satellite Technology Driving Solutions to the Digital Divide | Interview with Philippines Airlines’ Mabuhay Magazine | Kacific1 Moves Into Final Phase Of Construction – On Track For 2019 Service | Tongan Government Signs Deal With Kacific for Remote Island Connectivity and Fibre back-up | Satellite’s Role In Relieving The Tonga Fibre Cut | Activations, Presentations and Party Time at PITA 2019 | Kacific CEO Talks with Telecom Times | Kacific Becomes a Full Member of GVF | Kacific Sponsors FICTAP 20th International Cable Congress | Meeting Data Demand in Pacific Townships | Kacific1 Milestones: Testing Begins | Tongan Fibre-Optic Cable Outage Relieved by Satellite | Kacific Awards Newtec Contract To Boost Affordable Broadband Services Across Asia-Pacific On Kacific1 | Kacific Lays Out Service Plans to Support Launch of Kacific1. Outlines Plans for Kacific2 | Philippines VIPs Mark Milestones in the Construction of Kacific Satellite at Boeing Factory | Kacific Accepts 2018 Better Satellite World Award | “Building a 4G LTE Network has Never Been Cheaper or Easier” Says Adrian Potter | New Zealand Sales Director Matteo Catanuto Speaks with NZ’s #1 Podcast | Senior Government Ministers and Public Servants Mark Milestone in Satellite Construction at Boeing Factory | Kacific Announced as Recipient of the 2018 Better Satellite World Award from Space & Satellite Professionals International | Connecting the World, Village by Village: Five Reasons Why Satellite is the Key | John Hawker Strengthens Kacific Sales Team, Leading Efforts Across Melanesia and the Pacific | Diversification in the Wave of Next-Generation Satellites | Kacific Appoints Matteo Catanuto to Head Sales in New Zealand and the Pacific | Kacific Selects Kratos to Build State-of-the-Art Multi-Site Gateways for Kacific-1 | Kacific appoints Brandon Seir to Head Broadband Marketing of Products as Satellite Launch Looms | Kacific Listed by Techcrunch Amongst Most-Funded New Private Satellite Companies Worldwide | Kacific and Gardamor to Connect Remote Health Clinics Throughout Timor-Leste | High Throughput, Low Cost – The Future Of Satellites In Asia Pacific | Kacific at PITA 2018: Accessibility Grows Micro Markets In The Pacific | Introducing GigStarter: Connect Your Connections | Vanuatu Flag Raised as Country’s First Commercial Satellite Commences Construction at Boeing Satellite Systems | Kacific heads to New Zealand: ‘Land of the Long White Cloud’ | Kacific-1 Passes Critical Design Review – Moves Into Production Phase | NewSpace People: “No Company has Ever Targeted This Segment of The Market with a Realistic Value Proposition.” | Kacific Selects SpaceX to Provide Launch Service | Taking the Tour de Timor to the World via Kacific’s Satellite Connections | Kacific Places Order with Boeing for a High Throughput Satellite | Via Satellite: “Kacific Capacity More Than 70 Percent Presold on First Satellite” | Kacific’s First Operational Service – Connecting Rural Vanuatu to the World | “Beyond the Blue Continent” in SatMagazine | Kacific selects AV-Comm teleport for first satellite broadband service in the Pacific | SatelliteFinance reports on UK private investor stake in Kacific | UK Private Investor Takes US$20 Million Stake in Kacific | Kacific features in a Satellite Finance story | Kacific honoured with award for Best Potential in Asia | Kacific the ‘budget airline’ of the internet in rural Indonesia | Kacific and BigNet bring fast affordable broadband to all Indonesians | Pacific Wave Conference: connectivity key to economic growth and resilience | Tokelau selects Kacific to deliver high-speed broadband | Vanuatu government announces a new dawn in education | Kacific to bring fast broadband to Kiribati’s most remote islands | Kacific signs cooperation agreement supporting ITU’s affordable connectivity program for 11 Pacific countries | Kacific inks five year satellite broadband agreement with Solomon Telekom Company Limited | “Flying High” in August CommsDay | Tuvalu Telecommunications Corporation signs five year satellite broadband deal with Kacific | Kacific Features in SatMagazine’s June 2014 issue | Kacific offers Vanuatu Students a chance to “Touch the Sky” | Kacific satellite to provide faster, more affordable broadband to Pacific nations | Data demand drives opportunities for HTS satellites | Kacific Conducts First Mobile Backhaul over Geo-Stationary Ka-band Satellite in Pacific Islands | Kacific’s first satellite successfully launches to space! [English and Bahasa] | JCSAT-18/Kacific1 Mission | Kacific secures US$160 million in long-term credit facilities | Directing affordable broadband capacity to places where its most needed | ADB aims high – first ever ADB satellite financing expanding broadband access for millions | Kacific and Tata Communications Ink Global IP Connectivity and Cyber Security Deal | Vanuatu’s Telemedicine Initiative Continues to Save Lives In Remote Areas – Thanks to Affordable Broadband Internet Provided by Kacific | Christian Patouraux named Satellite Executive of the Year – APSCC | Kacific1 satellite arrives at SpaceX launch site in Cape Canaveral, Florida | Kacific1 Milestone: Boeing has shipped Kacific1 | Kacific Secures Infrastructure Location With Petro1 For Its Broadband Services To Indonesia And The Wider Region. | Chicago Booth Magazine Spotlights Cyril Annarella’s Success In Aerospace Feature | Winner of essay writing contest Mariah Nasak visits Boeing and SpaceX | Samoa’s Telecommunications Regulator Views Brand-New Kacific1 Satellite at Boeing Factory | L’Internet satellitaire à haut débit arrivera en Polynésie française au début 2020 | Agile Players Gravity and Kacific Bring Competition to Broadband Market | Kacific Taps ABS’ Ground Infrastructure for its Gateway Services to the Philippines and the Greater Pacific Region. | Kacific to Fly Vanuatu Student to Visit Space Factories | Kacific1 Milestones: Bus and Payload Integration Complete | Media Statement: Samoa’s Pacific Satellite Connectivity Project and Kacific | Pacific Satellite Connectivity Project – Samoa | Christian Shares Personal Journey With Salamander Magazine | Kacific Recognised for Best Digital Inclusion in the Pacific | INSEAD Alumni Gain Insight Into The Business Of Affordable Internet | Award-Winning Satellite Technology Driving Solutions to the Digital Divide | Interview with Philippines Airlines’ Mabuhay Magazine | Kacific1 Moves Into Final Phase Of Construction – On Track For 2019 Service | Tongan Government Signs Deal With Kacific for Remote Island Connectivity and Fibre back-up | Satellite’s Role In Relieving The Tonga Fibre Cut | Activations, Presentations and Party Time at PITA 2019 | Kacific CEO Talks with Telecom Times | Kacific Becomes a Full Member of GVF | Kacific Sponsors FICTAP 20th International Cable Congress | Meeting Data Demand in Pacific Townships | Kacific1 Milestones: Testing Begins | Tongan Fibre-Optic Cable Outage Relieved by Satellite | Kacific Awards Newtec Contract To Boost Affordable Broadband Services Across Asia-Pacific On Kacific1 | Kacific Lays Out Service Plans to Support Launch of Kacific1. Outlines Plans for Kacific2 | Philippines VIPs Mark Milestones in the Construction of Kacific Satellite at Boeing Factory | Kacific Accepts 2018 Better Satellite World Award | “Building a 4G LTE Network has Never Been Cheaper or Easier” Says Adrian Potter | New Zealand Sales Director Matteo Catanuto Speaks with NZ’s #1 Podcast | Senior Government Ministers and Public Servants Mark Milestone in Satellite Construction at Boeing Factory | Kacific Announced as Recipient of the 2018 Better Satellite World Award from Space & Satellite Professionals International | Connecting the World, Village by Village: Five Reasons Why Satellite is the Key | John Hawker Strengthens Kacific Sales Team, Leading Efforts Across Melanesia and the Pacific | Diversification in the Wave of Next-Generation Satellites | Kacific Appoints Matteo Catanuto to Head Sales in New Zealand and the Pacific | Kacific Selects Kratos to Build State-of-the-Art Multi-Site Gateways for Kacific-1 | Kacific appoints Brandon Seir to Head Broadband Marketing of Products as Satellite Launch Looms | Kacific Listed by Techcrunch Amongst Most-Funded New Private Satellite Companies Worldwide | Kacific and Gardamor to Connect Remote Health Clinics Throughout Timor-Leste | High Throughput, Low Cost – The Future Of Satellites In Asia Pacific | Kacific at PITA 2018: Accessibility Grows Micro Markets In The Pacific | Introducing GigStarter: Connect Your Connections | Vanuatu Flag Raised as Country’s First Commercial Satellite Commences Construction at Boeing Satellite Systems | Kacific heads to New Zealand: ‘Land of the Long White Cloud’ | Kacific-1 Passes Critical Design Review – Moves Into Production Phase | NewSpace People: “No Company has Ever Targeted This Segment of The Market with a Realistic Value Proposition.” | Kacific Selects SpaceX to Provide Launch Service | Taking the Tour de Timor to the World via Kacific’s Satellite Connections | Kacific Places Order with Boeing for a High Throughput Satellite | Via Satellite: “Kacific Capacity More Than 70 Percent Presold on First Satellite” | Kacific’s First Operational Service – Connecting Rural Vanuatu to the World | “Beyond the Blue Continent” in SatMagazine | Kacific selects AV-Comm teleport for first satellite broadband service in the Pacific | SatelliteFinance reports on UK private investor stake in Kacific | UK Private Investor Takes US$20 Million Stake in Kacific | Kacific features in a Satellite Finance story | Kacific honoured with award for Best Potential in Asia | Kacific the ‘budget airline’ of the internet in rural Indonesia | Kacific and BigNet bring fast affordable broadband to all Indonesians | Pacific Wave Conference: connectivity key to economic growth and resilience | Tokelau selects Kacific to deliver high-speed broadband | Vanuatu government announces a new dawn in education | Kacific to bring fast broadband to Kiribati’s most remote islands | Kacific signs cooperation agreement supporting ITU’s affordable connectivity program for 11 Pacific countries | Kacific inks five year satellite broadband agreement with Solomon Telekom Company Limited | “Flying High” in August CommsDay | Tuvalu Telecommunications Corporation signs five year satellite broadband deal with Kacific | Kacific Features in SatMagazine’s June 2014 issue | Kacific offers Vanuatu Students a chance to “Touch the Sky” | Kacific satellite to provide faster, more affordable broadband to Pacific nations | Data demand drives opportunities for HTS satellites |

Kacific secures US$160 million in long-term credit facilities

Dec 06 2019

Singapore, 6 December 2019 – As it readies for its first satellite launch next week, Kacific Broadband Satellites Group (Kacific) today announced that it has closed credit facilities totalling US$160 million with a group of financial institutions including the Asian Development Bank (ADB) and GuarantCo.

The financing from ADB comprises a loan from ADB and a parallel loan provided by the Leading Asia’s Private Infrastructure Fund (LEAP), which is administered by ADB. LEAP is one of ADB’s co-financing vehicles dedicated to private sector infrastructure in Asia and the Pacific. GuarantCo, a member of the Private Infrastructure Development Group, will provide a US$50 million partial credit guarantee to a private sector European institutional investor.

Taken altogether, these credit facilities secure long-term financing that enables Kacific to repay short term facilities used to fund the construction of the Kacific1 payload and the associated infrastructure and launch costs.

The financing reflects the recognition, by Asian Development Bank and GuarantCo, of the impact Kacific1 will have on development within the region and the benefits that Kacific1 will bring to un- and under-served communities in Asia and the Pacific, particularly in rural and remote areas of small island nations in the Pacific, and larger island nations like Indonesia and the Philippines.

The financing is underpinned by the large number of customers, in 25 nations, who have already signed up to Kacific’s service in anticipation of the Kacific1 satellite commencing operation in early 2020.

“The support from GuarantCo, ADB, and private investors will be pivotal in providing the long-term certainty that will allow Kacific to transition seamlessly into operational mode, following the launch of Kacific1”, says Kacific Founder and CEO, Christian Patouraux. “Their commitment will lead to life-changing outcomes for millions living in remote communities, bringing them fast, affordable internet services that will transform education, healthcare, economic development and social inclusion.”

“Better access to reliable, high-speed internet can help improve education services, expand access to information, attract investments, reduce rural–urban development gaps, enhance trade and connectivity, and stimulate local economies,” said ADB Director General for Private Sector Operations Mr. Michael Barrow. “It will also help improve communication, especially during emergencies and times of disaster when terrestrial networks might be damaged.”

“We are proud to have made a contribution to the Kacific satellite launch which will provide reliable, affordable and high-speed broadband access to people living in remote areas in Asia-Pacific and encourage economic growth in some of the lowest income countries in the world”, says Lasitha Perera, CEO at GuarantCo, a Private Infrastructure Development Group (PIDG) company. “It is another example that aligns with our vision to become a centre of excellence for credit solutions for infrastructure finance in lower income countries thereby assisting with the alleviation of poverty.”

 

### ENDS ###

 

About Kacific

Kacific Broadband Satellites Group is a satellite operator providing high-speed broadband for underserved, remote and rural markets. Kacific broadband fosters greater internet usage and fuels economic growth and improvements in service delivery across covered regions. Its high-power satellites use the latest multi-beam space communications and ground technology. Kacific’s first satellite, Kacific1, focuses on the Pacific and South East Asia. Kacific’s headquarters are in Singapore with operations out of Vanuatu.

For more information, visit www.kacific.com or follow on Facebook, LinkedIn, Twitter or YouTube

Media Contact

Nicole Steven, Botica Butler Raudon Partners, NicoleS@botica.co.nz, +64 21 025 31886