InfraOrbitThe capital behind space.
Company

SES

9 financings (about US$9.1bn in total) and 2 M&A or investment records since 2015.

Financings

DateFinancingTypeAmount
24 Mar 2026SES €650m 7.375% perpetual hybridBond€650m
23 Dec 2024EIB €150m loans to SES (2024)Government finance€150m
6 Sep 2024SES €1bn hybrid dual-tranche bondsBond€1bn
19 Jun 2024SES acquisition financing for IntelsatAcquisition finance€3bn
16 Dec 2022EIB €300m loan to SESGovernment finance€300m
27 May 2021SES €625m hybrid bonds (2021)Bond€625m
26 Jun 2019SES €1.2bn syndicated revolving credit facilityBank facility€1.2bn
23 Nov 2016SES €550m hybrid bonds (2016)Bond€550m
3 Jun 2016SES €750m 4.625% hybrid bonds (2016)Bond€750m

M&A and investment

DateDealTypeValue
17 Jul 2025SES acquisition of IntelsatM&AUS$2.6bn
1 Aug 2016SES acquisition of the rest of O3b NetworksStake saleUS$730m
Randeep Bubbra
InfraOrbit Weekly

The week in space finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.

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