secwatch.observer — SEC 8-K summary
======================================

Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001193125-23-239693
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat prices $733.4M of 7.500% Senior Notes due 2031 to repay bridge loan
--------------------------------------------------------------------------

- $733.4M aggregate principal of 7.500% Senior Notes due 2031 priced at 100% of face value.
- Net proceeds ~$728.2M, plus cash on hand, will fully repay the existing bridge loan facility.
- Notes issued via private placement; closing expected on or about Sept 28, 2023.
- Notes jointly and severally guaranteed by future domestic restricted subsidiaries that guarantee revolving credit facility.
- Bridge facility was fully drawn in connection with the previously announced Inmarsat acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312523239693/0001193125-23-239693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312523239693/d533643d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-239693

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer