ICEYE secures a €300M revolving credit facility from a seven-bank syndicate

This article was published on May 21, 2026 The Helsinki-headquartered SAR-satellite operator has originated a 3-year committed RCF led by Citi and Danske Bank, calibrated to back customer-contract guarantees and underwrite continued global expansion after the company doubled in size in 2025. ICEYE, the Helsinki-headquartered synthetic-aperture-radar satellite operator, has originated a €300m three-year committed revolving credit facility, the company said on Thursday. The RCF will back the issuance of guarantees on customer contracts, fund continued operating growth and serve as a liquidity backstop. Citi and Danske Bank acted as Joint Global Coordinators and Mandated Lead Arrangers, with a seven-bank syndicate of Nordic, regional and global banks taking the rest of the commitment. The framing inside ICEYE is that the facility reflects the inflection in the company’s underlying numbers across the past eighteen months. ICEYE’s published 2025 financial update describes a year in which the company scaled revenue, profitability and cash generation simultaneously and doubled in size. ‘The RCF origination reflects continued confidence in ICEYE’s business and demonstrates our ability to a