Bank tells of Virgin Galactic funding struggle | ArabianBusiness.com

By Alex Delman-Morgan, Arabian Business, Posted 08/19/09

Link: http://www.arabianbusiness.com/565265-bank-tells-of-virgin-galactic-funding-s...

"Credit Suisse, the financial adviser to Virgin Galactic on the $280m Abu Dhabi deal last month, has spoken of the battle faced by Sir Richard Branson’s company in finding an investor.

The investment banker, who helped put the deal together between Virgin Galactic and Aabar Investments, said in an interview with Arabian Business that the current economic malaise along with uncertainty surrounding a greenfield project like space travel ‘presented a challenge’ for Branson’s company in raising capital."