Kacific wins IJGlobal Award – 2019 Asia Pacific Telecoms deal of the year | Tuvalu Government signs agreement with Kacific for wide-ranging suite of connectivity services | ITU and Kacific join forces to boost emergency telecoms and ICT development in Vanuatu | GuarantCo and PIDG Technical Assistance support investees Kacific Broadband Satellites Group and Acorn Holdings Limited to respond to the COVID-19 crisis in Asia Pacific and Kenya | Kacific Reconnects ASTCA Network To Outer Island In American Samoa | Satellite service to help remote medical clinics combat Covid-19 across Asia Pacific | Kacific1 Broadband Services Commence Across Asia Pacific | 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 wins IJGlobal Award – 2019 Asia Pacific Telecoms deal of the year | Tuvalu Government signs agreement with Kacific for wide-ranging suite of connectivity services | ITU and Kacific join forces to boost emergency telecoms and ICT development in Vanuatu | GuarantCo and PIDG Technical Assistance support investees Kacific Broadband Satellites Group and Acorn Holdings Limited to respond to the COVID-19 crisis in Asia Pacific and Kenya | Kacific Reconnects ASTCA Network To Outer Island In American Samoa | Satellite service to help remote medical clinics combat Covid-19 across Asia Pacific | Kacific1 Broadband Services Commence Across Asia Pacific | 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 wins IJGlobal Award – 2019 Asia Pacific Telecoms deal of the year

Jul 27 2020

Kacific has won the Project Finance and Infrastructure Magazine’s ‘IJGlobal 2019 Asia Pacific Telecoms deal of the year’ in recognition of the excellent commitment of our investors, financial supporters, such as Asia Development Bank and GuarantCo, and finance team to ensuring the Kacific1 satellite would become a reality.

Investor_Infrastructure_Global Awards_Asia Pacific Telecoms Deal of the Year_Kacific

Getting investment on board was no easy task. Our incredible financing team, led by our Chief Financial Officer Mark Wong, shared Kacific’s vision with investors and financiers. Mark says:

“We were dealing with a complex mix of private sector and government customers, as well as the element of the societal impact the Kacific1 broadband brings to remote communities. It was a challenge to ensure that the commercial debt terms recognise unique aspects of this transaction, including the markets and sectors that the Kacific1 satellite is serving, and we were very fortunate to have secured a group of lenders who understood the interplay between the commercial and social aspects of the transaction, and worked with us to find a workable structure”.

Congratulations to everyone involved in financing Kacific1 – the satellite is already connecting smaller communities across Asia Pacific, many for the very first time, to high-speed, affordable internet.

Read more in the Summer 2020 issue of IJGlobal