secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001193125-23-233925
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat to issue $733.4M senior notes; pro forma shows $338M net loss
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- $733.4M senior unsecured notes due 2031 issued via private placement to repay bridge facility.
- Pro forma FY2023: revenue $4.11B, net loss from continuing ops $338M, Adj. EBITDA $1.49B.
- Pro forma Q1 FY2024: revenue $1.05B, net loss $109M, Adj. EBITDA $353M.
- Pro forma total debt to Adj. EBITDA ratio of 5.11x after giving effect to the offering.
- Inmarsat acquisition completed May 30, 2023; $80M annual run-rate cost synergies targeted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312523233925/0001193125-23-233925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312523233925/d545832d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-233925

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