On September 5, Intelsat S.A. announced that its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A. (Intelsat Jackson), priced a private offering of $2.25b aggregate principal amount of 8.5% senior notes due 2024. Intelsat Jackson plans to use the net proceeds from the offering to re-purchase or redeem its 7.5% senior notes due 2020 and for general corporate purposes, including re-purchase or redemption of its 7.5% senior notes due 2021 or other debt.
Read more related news in Space Business Review September 2018.
