Financing ·
Gilat Satellite Networks Ltd. completed the private placement and sale of $100 million in principal amount of…
GILTGilat Satellite Networks Ltd
Gilat Satellite Networks Ltd. completed the private placement and sale of $100 million in principal amount of convertible notes on September 7, 2026. The senior unsecured notes bear interest at 3.75% per annum, payable annually starting September 1, 2027, with a maturity date of September 1, 2031. The initial conversion price is set at $16.00 per ordinary share. Proceeds will support investments in next-generation satellite and space technologies. This company operates in the telecommunications industry, providing satellite communications solutions.