Mergers & Acquisitions ·
Iridium Communications Inc. filed a Form 8-K on September 15, 2026, disclosing the execution of Consent and Amendment…
IRDMIridium Communications Inc.
Iridium Communications Inc. filed a Form 8-K on September 15, 2026, disclosing the execution of Consent and Amendment No. 4 to its Amended and Restated Credit Agreement in connection with its pending merger with Rocket Lab Corporation. The amendment ensures the transaction does not constitute a Change of Control under the credit facility and provides lender consent for the acquisition. Post-closing terms include an increased interest rate margin (SOFR plus 2.50%–3.00%) and new prepayment and exit fees of 1.00%. Iridium Communications Inc. operates in the satellite communications industry, providing global voice and data services via a low Earth orbit constellation.