The week in defence finance, read from the filings.
Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. One email a week, by Randeep Bubbra.
Randeep Bubbra | Lawyer | Making defence financeable
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Inside each issue
The format stays the same each week. The length follows the news: a quieter week gets a shorter issue.
- The week in one paragraphThe financing story to start with, and why it matters to lenders and borrowers.
- Deal sheetNew defence financings and M&A from the register, with instrument, amount, banks and a primary source.
- On the deskShort notes on the terms worth reading: covenants, change of control, export control and security conditions.
- Term of the weekOne clause or financing mechanism explained in plain English.
- Budgets and policySAFE, the EIB, NATO and national budgets, export credit and ESG exclusion changes, where they move the money.
- On the radarMaturities, refinancings, closings and programme milestones coming up.
The archive
No issues have been published here yet. Each issue of InfraDefence Weekly is added to this archive once it has been sent.
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Standards
Facts link to public, primary sources. Announced, signed and completed deals are kept distinct. Analysis explains structures and terms; it does not rate a credit or recommend an investment. See the methodology and the corrections log.