Home >> ABOUT NATIXIS >> Business Lines >> Client cases >> Business evolution

Business evolution

Seaborn Networks

Connecting the world

Seaborn Networks, an independent cable operator that develops and operates subsea fiber optic cable systems, is to roll out Seabras-1, the first subsea fiber optic cable system to directly connect New York and São Paulo, in H1 2017.
Natixis assisted the client, Seaborn Networks, in the $500m financing of this deal, acting as exclusive equity advisor, sole structuring bank, bookrunner, sole mandated
lead arranger, facilities agent, offshore collateral agent and Coface agent. This transaction confirms Natixis’ expertise in the telecom arena as it assists its client in rolling out subsea cable systems, which form the basis of 99% of intercontinental communications.

Abstract from Target 2016, Natixis corporate document