Deutsche Bank, Standard Chartered sign off $184m loan for Thai satellite project

The loan will finance Thaicom's Space Tech Innovation’s contract with France’s Airbus Defence & Space to manufacture a software-defined high throughput satellite.

Deutsche Bank and Standard Chartered have closed a $184 million export credit facility for Space Tech Innovation (STI), a subsidiary of Thaicom, a leading Asian satellite operator and space technology company.

¬ Haymarket Media Limited. All rights reserved.

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