Telesat
Canadian operator developing Lightspeed LEO for enterprise/government broadband. Legacy GEO fleet for ongoing revenue.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
DEBT TRANCHES (4)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| Term Loan B Senior Secured Credit Facilities | $1.91B | 2.75% | 2026-12-31 | 0001213900-26-028638 |
| 2026 Senior Secured Notes | $387.0M | — | 2026-12-31 | 0001213900-26-028638 |
| 2027 Senior Unsecured Notes | $550.0M | 6.50% | 2027-10-01 | 0001213900-26-028638 |
| 2027 Senior Secured Notes | $225.0M | — | 2027-12-31 | 0001213900-26-028638 |
| Total (unmatured) | $3.07B |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jun 24, 2026 | Payload Space | Satellite Operators Launch Trade Association |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Telesat corporate homepage — confirms Telesat Lightspeed LEO constellation and GEO fleet (NASDAQ: TSAT).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.