More accolades for Portland’s Seabras-1 Financing

More accolades for Portland’s Seabras-1 Financing Following the award earlier in the year from Global Trade Review, Portland’s financing of the Seabras-1 cable project was today awarded the  “Perfect 10 ECA Finance Deal of the Year” by the prominent international magazine Trade & Export Finance. This award is given to the world’s best projects in […]

Portland’s Seabras-1 financing named “Best Deal of 2015”

Portland’s Seabras-1 financing named “Best deal of 2015” Following the achievement of Financial Close late in 2015, the landmark nature of the transaction has now been recognised as the Seabras-1 cable project was awarded “Best Deal of 2015” by Global Trade Review. Seabras-1 is the first Export Credit Agency-backed project financing of a subsea cable […]

Portland closes $500m financing for Seaborn Networks

Portland closes $500m financing for Seaborn Networks Nick Flitterman and James Benbow from Portland’s telecom team advised Seaborn Networks on the successful project financing for the new Seabras-1 subsea cable connecting New York and Sao Paolo. The senior debt will be guaranteed by the French Export Credit Agency, COFACE, and funded by a bank syndicate of Natixis, […]

Portland advises O3b on a further $460m of financing

O3b Networks closes $460M of new financing to expand its constellation Continuing the successful relationship with O3b Networks that started with its original financing in 2010, Portland’s Nick Flitterman and Darryck Luiz advised the company on completing its fourth financing in 6 years to fund the expansion of the constellation from 12 to 20 satellites […]

O3b Closes New $137m financing

On 31st October 2011, O3b Networks, advised by Portland Advisers and HSBC, achieved Financial Close on a $137m incremental financing round for the construction of four additional satellites that will boost both capacity and redundancy its MEO satellite constellation. Nick Flitterman, Portland’s Head of Telecoms and lead advisor to O3b said: “This is another great achievement for O3b and a […]