Birdwatch Note Rating
2025-01-03 22:25:18 UTC - HELPFUL
Rated by Participant: 1718C0A7245C28EF8018E1101C881CC838A1FA255160697DEC316D88BC86374F
Participant Details
Original Note:
It's a loan not a 'give away' Total funding package $2.54b CAD: - $2.14b CAD loan from the Gov of Canada [1] - $400m CAD loan from Quebec [2] TERMS [1] Rate: 4.75% above CORRA Maturity: 15yr Total Equity: Warrants for 11.87% of Telesat LEO shares eval ~$3b USD [1] https://spacenews.com/canada-increases-telesat-lightspeed-investment/ [2] https://news.satnews.com/2024/09/15/
All Note Details