Luxembourg, 10 September 2018 – Intelsat S.A. (NYSE: I) (“Intelsat”), operator of the world’s first Globalized Network and leader in integrated satellite communications, announced today that its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), has commenced a cash tender offer (the “Offer”) to purchase any and all of its outstanding 7 ¼% Senior Notes due 2020 (the “Notes”). The pricing terms for the Offer are set forth below.
CUSIP/ISIN Number | Principal Amount Outstanding | Consideration(1) | |
7¼% Senior Notes due 2020 |
CUSIP No. 45824T AC9; ISIN: US45824TAC99 |
$1,751,119,000 | $1,036.25 |
- Per $1,000 principal amount of Notes.