UK Export Finance

UK Export Finance steps up space sector focus
Britain’s export credit agency has long discussed more involvement in the satellite industry, but didn’t have any major deals to show for it until now.

UK Export Finance loans $325 million for Turksat satellites Airbus is building
U.K. Export Finance, an agency with a long-standing interest in supporting satellite projects but with little to show for it until now, has signed a $325 million loan with Turkey to support two satellites Airbus is building under a 2017 contract.

Britain endorses ESA, promises increased export-credit support for industry
The British government has emphatically endorsed its investment in the 22-nation European Space Agency and rejected a parliamentary proposal that its space budget be more evenly divided between ESA and a national program.

U.K. touts satellite finance advantages over French, U.S. export banks
Britain’s export-credit agency may be the most attractive source of satellite project financing that almost none one has heard of or uses.