Rocket Lab lines up $3.6B 364-day bridge loan for Iridium cash payment

Rocket Lab obtained a commitment for a 364-day, $3.6 billion senior secured bridge term loan from Deutsche Bank and Wells Fargo, dated June 28, 2026. The facility is tied to the Iridium acquisition, whose cash component is $27 per share. The company said it plans to fund the cash portion from its balance sheet plus other debt and equity financing.

• 364-day senior secured bridge term loan of $3.6B
• Lenders: Deutsche Bank and Wells Fargo
• Cash component of $27 per Iridium share to be funded from balance sheet plus other debt and equity
• Facility matures 364 days after closing, so longer-term financing is needed to replace it