ViaSat prices upsized offering of $700M in debt

|By:, SA News Editor

ViaSat (VSAT -0.7%) has priced an upsized offering of $700M in senior debt.

The company was going to offer $600M in debt due 2025 to finance a cash tender offer it's making for $575M in debt due 2020.

It's offering $700M in 5.625% senior unsecured notes due 2025, issued at 100% of face value.

Net proceeds not used in the cash tender will go to general purposes.

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