WildBlue Communications Closes Credit Facility

On January 10, 2006, US-based WildBlue Communications, Inc. announced that it had closed a secured credit facility of over US$200 million, which will be used to fund the continued growth of its high-speed Internet access business, and facilitate the launch of a second satellite targeted for the 4th quarter of 2006. The lending group is led by WildBlue's largest shareholder, Liberty Media Corporation, which owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. WildBlue provides broadband connectivity via satellite to homes and small businesses in communities where terrestrial broadband access alternatives are either limited or unavailable.

WildBlue was represented in-house by David Brown, senior vice-president and general counsel; by Kirsten Embree, Susan Brown and Shannon Miller of Fraser Milner Casgrain LLP, which provided regulatory and corporate lending advice to WildBlue Canada; and by US counsel Perkins Coie LLP with a team that comprised John Ruppert, Michele Rowland and Sean Stewart.

WildBlue was also represented by William Wiltshire of Harris Wiltshire & Grannis LLP, which provided US regulatory counsel to WildBlue US; Charles Reagh of Stewart McKelvey Stirling Scales, Nova Scotia counsel to WildBlue Canada; and by Remo De Sordi and David Marshall of Taylor McCaffrey LLP, which provided Manitoba counsel to WildBlue Canada.

Liberty Media was represented by Marc Leaf and Robert Matz of Baker Botts LLP.