Birdwatch Note Rating
2025-01-04 15:44:01 UTC - NOT_HELPFUL
Rated by Participant: E11893C3E25AD2F9534503E8000909DFBEA199B882F786493AF3556BA9F2D85F
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