SG’s Kacific Broadband raises $160m credit from ADB, GuarantCo

SG’s Kacific Broadband raises $160m credit from ADB, GuarantCo

Aerial view of ADB headquarters. Source: ADB's Flickr stream

Singapore-based satellite operator Kacific Broadband Satellites Group (Kacific) has raised $160 million in credit facilities from a group of financial institutions that include Asian Development Bank (ADB) and GuarantCo, a member of the Private Infrastructure Development Group, according to a press statement.