ICEYE, a company in sovereign intelligence from space, originated a €300 million three-year committed revolving credit facility (RCF). The RCF will support the issuance of guarantees for customer contracts, enable continued business growth and serve as a liquidity backstop.
The seven-bank syndicate is comprised of Nordic, regional and global relationship banking partners. The complimentary capabilities and collective operating footprint of the bank group are aligned with ICEYE’s global expansion plan into new key markets.
“2025 was a defining year for ICEYE as we scaled revenue, profitability and cash generation simultaneously,” John Lauria, global head of treasury at ICEYE, said. “The RCF origination reflects continued confidence in ICEYE’s business and demonstrates our ability to access diverse sources of capital to support rapid global growth. It also enhances our financial flexibility as demand for sovereign intelligence capabilities continues to grow exponentially.”
Citi and Danske Bank acted as joint global coordinators and mandated lead arrangers.
