Birdwatch Note Rating
2025-01-04 03:06:35 UTC - NOT_HELPFUL
Rated by Participant: 33DAC10B53F618FED71243D92902640524A6F32EC7466793455D279DE8FF1BBD
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