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Seaborn Networks is a developer, owner, and operator of Natixis finances Seabras-1 telecom project
February 6, 2015 Seabras-1 is the first direct point-to-point submarine cable system between the financial centers of the US and Brazil.
submarine communications cable
A submarine communications cable is a cable laid on the sea bed between land-based stations to carry telecommunication signals across stretches of ocean and sea. The first submarine communications cables laid beginning in the 1850s carried te ...
s. Seaborn is the owner and operator of the Seabras-1 "submarine communications cable" between Brazil and the United States. Seabras-1 is fully operational (2017) and provides the first direct route between Sao Paulo
SAO or Sao may refer to:
Places
* Sao civilisation, in Middle Africa from 6th century BC to 16th century AD
* Sao, a town in Boussé Department, Burkina Faso
* Saco Transportation Center (station code SAO), a train station in Saco, Maine, U. ...
, Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
, and the United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
. The system has branching units installed on certain of its fiber pairs that point towards Virginia Beach (US), Miami (US), St. Croix (US), Fortaleza (Brazil), Cape Town (South Africa), Rio de Janeiro (Brazil), Brazil South. Seaborn's ARBR subsea system (RFS Q2 2020) is a fully funded 4-fiber pair, 48Tbit/s system. ARBR will directly connect São Paulo, Brazil to Buenos Aires, Argentina. ARBR will connect to Seabras-1 in Seaborn's Praia Grande CLS enabling the most direct, lower latency connection between Argentina and the USA. Partners Group (symbol: PGHN) is providing full project equity capital for Seabras-1 and development capital was provided by Seaborn. Seabras-1 is owned jointly by Seaborn Networks and Partners Group. The US$520 million project funding for Seabras-1 has been completed. The project funding also includes a total project debt commitment of up to US$267 million provided by Natixis
Natixis is a French corporate and investment bank created in November 2006 from the merger of the asset management and investment banking operations of '' Natexis Banques Populaires'' ( Banque Populaire group) and ''IXIS'' (Groupe Caisse d'Eparg ...
, Banco Santander
Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centr ...
, Commerzbank
Commerzbank AG () is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of its balance sheet. Founded in 1870 in Hambu ...
, and Intesa Sanpaolo
Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity ...
, which debt is backed by COFACE, the French Export Credit Agency.February 6, 2015 Seabras-1 is the first direct point-to-point submarine cable system between the financial centers of the US and Brazil.
References
{{DEFAULTSORT:Seaborn Networks Submarine cables