---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-245746"
form_type: "8-K"
ticker: "VSAT"
cik: "0000797721"
company_name: "VIASAT INC"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:56:20.000022+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Viasat closes $733.4M 7.500% senior notes offering, net proceeds $728.2M used to repay bridge loan

## Summary
- Issued $733.4M aggregate principal of 7.500% Senior Notes due 2031; net proceeds ~$728.2M after commissions.
- Net proceeds used to repay the $733.4M Bridge Credit Facility (drawn for the Inmarsat acquisition) in full.
- Notes are senior unsecured obligations and rank equally with Viasat's existing 5.625% and 6.500% senior notes.
- Interest at 7.500% per year, payable semi-annually; notes mature May 30, 2031.
- Issued in private placement to QIBs under Rule 144A and offshore under Reg S; not registered.

## SEC filing metadata
- accession: 0001193125-23-245746
- form_type: 8-K
- ticker: VSAT
- cik: 0000797721
- company_name: VIASAT INC
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797721/000119312523245746/0001193125-23-245746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797721/000119312523245746/d543087d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-245746
- JSON: https://secwatch.observer/filing/0001193125-23-245746.json
- Plain text: https://secwatch.observer/filing/0001193125-23-245746.txt

## Key facts
- Debt Financings
  VIASAT INC incurred senior notes of $733.4 million with Wilmington Trust, National Association at 7.500% maturing 2031.
  - Instrument: senior notes
  - Principal: $733.4 million
  - Counterparty: Wilmington Trust, National Association
  - Rate: 7.500%
  - Maturity: 2031
  - Event: incurrence
  source text: completed the closing of the sale of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523245746/0001193125-23-245746-index.htm
- Material Agreements
  VIASAT INC entered into Indenture dated September 28, 2023 for 7.500% Senior Notes due 2031 with Wilmington Trust, National Association valued at $733,400,000 aggregate principal amount of 7.500% Senior Notes due 2031 (effective 2023-09-28).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association
  - Value: $733,400,000 aggregate principal amount of 7.500% Senior Notes due 2031
  - Effective: 2023-09-28
  source text: On September 28, 2023, Viasat, Inc. (“Viasat”) completed the closing of the sale of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031 (the “Notes”), receiving net proceeds of approximately $728.2 million, after deducting estimated commissions and offering expenses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523245746/0001193125-23-245746-index.htm
- Material Agreements
  VIASAT INC terminated Bridge Credit Agreement dated May 30, 2023 for $733.4 million unsecured bridge loan facility with JPMorgan Chase Bank, N.A. valued at $733,400,000 unsecured bridge loan facility repaid in full (effective 2023-09-28).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $733,400,000 unsecured bridge loan facility repaid in full
  - Effective: 2023-09-28
  source text: On September 28, 2023, Viasat used the net proceeds from this offering (which were approximately $728.2 million, after deducting estimated commissions and offering expenses), together with cash on hand, to repay the Bridge Facility in full, and in connection therewith, all liabilities, obligations and indebtedness under the Bridge Credit Agreement were released, discharged and satisfied in full.
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523245746/0001193125-23-245746-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.