John Tawadrous, now a shareholder in Vedder's Washington, D.C. office, advised the Export Import Bank of the United States (EXIM Bank) in connection with a $200 million financing package for CesiumAstro, Inc., completed in coordination with J.P. Morgan.
The transaction, the largest completed to date under EXIM Bank's Make More in America initiative, combined a multi draw direct term loan from EXIM Bank with a revolving credit facility provided by J.P. Morgan. The financing supports CesiumAstro's expansion of its U.S. manufacturing footprint, including the development of a new advanced manufacturing facility in Austin, Texas.
The transaction was the recipient of EXIM Bank’s Make More in America 2026 “Deal of the Year” award, which was presented to CesiumAstro and J.P. Morgan at the EXIM Bank Annual Conference on April 30, 2026.
