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ViaSat Secures Major Export Credit Facility Financing

Story Highlights
  • Viasat secured a $188.7 million Ex-Im Bank facility to fund ViaSat-3 F1 satellite costs.
  • The company strengthened its capital structure by refinancing via covenanted credit and repaying $300 million debt.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ViaSat Secures Major Export Credit Facility Financing

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ViaSat ( (VSAT) ) has provided an update.

On January 21, 2026, ViaSat, Inc. and its UK subsidiary ViaSat Technologies Limited entered into a $188.7 million export credit facility with the U.S. Export-Import Bank, arranged by J.P. Morgan, to finance up to 85% of the construction, launch and insurance costs of the ViaSat-3 F1 satellite and to cover related exposure fees, with borrowing expected to be drawn in a single disbursement and repaid over semi-annual installments from May 25, 2026 through November 25, 2033 at a fixed CIRR-based interest rate and secured by first-priority liens on selected assets including the ViaSat-2 satellite. The facility, which includes leverage and interest coverage covenants and restrictions on asset sales, investments, capital expenditures, liens and dividends, enhances Viasat’s long-term funding for its next-generation satellite program while adding balance sheet discipline, and follows the company’s early repayment on November 21, 2025 of $300 million of borrowings under Inmarsat’s original senior secured term loan facility, leaving in place Inmarsat’s separate $1.3 billion senior secured term loan entered into in 2024.

The most recent analyst rating on (VSAT) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on ViaSat stock, see the VSAT Stock Forecast page.

Spark’s Take on VSAT Stock

According to Spark, TipRanks’ AI Analyst, VSAT is a Neutral.

ViaSat’s overall score is driven by strong revenue growth and cash flow improvements, but is tempered by profitability challenges and high leverage. Technical indicators suggest positive momentum, but valuation concerns remain due to negative earnings. The earnings call provided a positive outlook with strategic advancements, though some operational challenges persist.

To see Spark’s full report on VSAT stock, click here.

More about ViaSat

Viasat, Inc. is a satellite communications company that, through subsidiaries including ViaSat Technologies Limited in the UK, develops, owns and operates satellites and related network infrastructure, with a focus on broadband connectivity and associated services for global markets.

Average Trading Volume: 1,912,332

Technical Sentiment Signal: Buy

Current Market Cap: $5.85B

See more insights into VSAT stock on TipRanks’ Stock Analysis page.

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