secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001193125-24-217320
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat subsidiaries upsize and price $1.975B of 9.000% senior secured notes due 2029
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- Issuers upsized offering from $1.25B to $1.975B aggregate principal amount.
- Notes bear 9.000% interest, issued at 100% of face value, due 2029.
- Net proceeds plus cash on hand to redeem all outstanding 6.750% notes due 2026.
- Closing expected on or about September 25, 2024, subject to customary conditions.
- Issuers are wholly-owned indirect subsidiaries of Viasat under Inmarsat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312524217320/0001193125-24-217320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312524217320/d854462d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-217320

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