Seaborn Networks

Seaborn Networks is a developer owner and operator of submarine communications cables. Seaborn is the owner and operator of the Seabras-1 “submarine communications cable” between Brazil and the United States. Seabras-1 will provide the first direct route between Sao Paulo, Brazil and the United States. The system will also have branching units installed on certain of its fiber pairs that point towards Ashburn (US), Miami (US), St. Croix (US), Fortaleza (Brazil), Cape Town (South Africa), Rio de Janeiro (Brazil), and Las Toninas (Argentina). 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, Banco Santander, Commerzbank and Intesa Sanpaolo, which debt is backed by COFACE, the French Export Credit Agency. Seabras-1 is the first direct point-to-point submarine cable system between the financial centers of the US and Brazil with an RFS of June 2017. Seabras-1 is a 72Tbps system and will also be the world’s longest system built to date using 100 Gbit/s coherent technology. The system offers carrier-class roundtrip latency POP to POP. Seabras-1's ultra-low latency SeaSpeed™ solution between Carteret & Sao Paulo and Bandwidth-on-Demand is also available exclusively from Seaborn. Seaborn was founded by successful submarine cable and wholesale carrier executives with experience in designing, building and operating many of the world's largest submarine and terrestrial networks.