SES S.A. secures €3Bn financing for Intelsat acquisition, including €2.1Bn bridge facility and €1Bn term loan.
SES S.A. announces successful syndication and raising of €3Bn acquisition financing for the Intelsat acquisition, with a €2.1Bn bridge facility provided by relationship banks and a US$1Bn term loan. The existing €1.2Bn revolving credit facility is extended by two years. The bridge facility, initially underwritten by Deutsche Bank AG and Morgan Stanley, has received a highly oversubscribed level of commitments.
June 19, 2024
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