Seaborn Networks mandates Natixis as Sole Structuring Bank, Underwriter, and Lead Arranger on Brazil–US subsea cable project
Seaborn Networks mandates Natixis as Sole Structuring Bank, Underwriter, and Lead Arranger on Brazil–US subsea cable project
USD 290 million in senior secured commercial debt fully underwritten
January 30, 2015
Seaborn’s new submarine cable project, known as Seabras-1, is a 40 Tbps, four fiber pair system extending 10,400 km between São Paulo, Brazil and New York, USA, with a branch landing in Fortaleza, Brazil. It will be the first direct route between São Paulo and the United States, with lower latency than any other competing system, and is also the world’s longest system to be fully deployed with 100 Gbps coherent technology.
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About NJFX:
NJFX is a Tier 3 Carrier Neutral Cable Landing Station campus. Our colocation ecosystem has expanded to over 35 network operators offering flexibility, reliability, and security. Our Wall, NJ location provides direct access to multiple subsea cable systems giving our carriers diverse connectivity solutions and offers direct interconnection without recurring cross-connect fees.
