secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2024-09-25T23:59:59+00:00
Accession:  0001193125-24-226016
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat subsidiaries close $1.975B 9.000% senior secured notes due 2029
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- Offering upsized from initial $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 to redeem all outstanding 6.750% Senior Secured Notes due 2026.
- Notes are secured on first-lien basis alongside existing senior secured credit facilities.
- Issuers are wholly-owned indirect subsidiaries of Inmarsat, owned by Viasat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312524226016/0001193125-24-226016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312524226016/d827548d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-226016

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