Speedcast Announces Successful Closing of New $350 Million Debt Financing

Debt investment led by PSP Investments provides additional capital for further growth and innovation Houston, Texas — February 28, 2022 — Speedcast, a leading communications and IT services provider, today announced that the company successfully closed on a new $350 million USD Credit Facility. PSP Investments Credit USA LLC (“PSP Investments”) led the transaction, which was comprised of a $300 million Term Loan B and a $50 million Priority Revolving Credit Facility, both of which… Source: RealWire https://www.realwire.com/releases/Speedcast-Announces-Successful-Closing-of-New-350-Million-Debt-Financing