Intelsat Jackson US$1.25bn 8.00% senior secured notes due 2024
General corporate purposes, including repayment and repurchase of debt and capital expenditure
Key terms
- Borrower or issuer
- Intelsat
- Date
- 29 Mar 2016
- Type
- Bond
- Amount
- US$1.25bn
- Pricing
- 8.00%
- Maturity
- 2024-02
Recorded terms
- Structure
- Senior secured notes issued by Intelsat Jackson Holdings S.A., guaranteed by Intelsat (Luxembourg) S.A. and subsidiaries
- Country
- Luxembourg
Parties
- Intelsat borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 3 Jun 2016 | SES €750m 4.625% hybrid bonds (2016) | Bond | €750m |
| 16 Jun 2016 | Eutelsat €500m 1.125% bond due 2021 | Bond | €500m |
| 27 Jul 2016 | Hughes Satellite Systems US$1,500m senior notes (2 tranches) | Bond | US$1.5bn |
| 17 Nov 2016 | Telesat US$500m 8.875% senior notes due 2024 | Bond | US$500m |
| 23 Nov 2016 | SES €550m hybrid bonds (2016) | Bond | €550m |
More from Intelsat
| Date | Financing | Type | Amount |
|---|---|---|---|
| 20 Dec 2021 | Intelsat DIP-to-exit financing on emergence from Chapter 11 | Bank facility | US$7.88bn |
| 7 Jun 2019 | Intelsat US$400m 9.750% senior notes due 2025 | Bond | US$400m |
| 3 Oct 2018 | Intelsat US$700m 8.500% senior notes due 2024 | Bond | US$700m |
| 6 Sep 2018 | Intelsat US$2,000m 8.500% senior notes due 2024 | Bond | US$2bn |
| 2 Aug 2018 | Intelsat US$1,000m 9.50% senior notes due 2023 | Bond | US$1bn |
| 14 Jun 2018 | Intelsat US$350m 4.50% convertible senior notes due 2025 | Convertible | US$350m |
M&A and investment involving Intelsat
| Date | Deal | Type | Value |
|---|---|---|---|
| 17 Jul 2025 | SES acquisition of Intelsat | M&A | US$2.6bn |
| 1 Dec 2020 | Intelsat acquisition of Gogo Commercial Aviation | M&A | US$400m |
Sources
About this record
Record ORB-2016-0005, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Senior notes are unsecured promises to pay, priced off government bonds; the prospectus sets the covenants, the change-of-control put and the redemption terms.
