📖 Narrative

"Change of Control Consent and Amendment for Iridium Existing Credit Agreement On September 15, 2026, Iridium entered into an amendment (the “Change of Control Amendment”) to its existing term loan facility for its outstanding $1.775 billion term loans (as of June 30, 2026) (the “Iridium Term Loan”) to obtain consent from the requisite lenders to, among other things, amend the definition of “Change of Control” under the credit agreement to carve out Rocket Lab’s pending acquisition of Iridium."

Framing: mixed · First seen: 2026-09-15 · Last seen: 2026-09-15 · Spread: 1 articles