SES €550m hybrid bonds (2016)
- Issuer or borrower
- SES
- Date
- 23 Nov 2016
- Amount
- €550m
- US$ equivalent
- US$609m
- Type
- Bond
- Structure
- Deeply subordinated fixed-rate resettable securities; first call 29 Jan 2024; 50% equity credit
- Pricing
- 5.625%
- Country
- Luxembourg
Sources
- SES: debt and loan facilities ses.com
- SES: prices €550m hybrid bond offering businesswirechina.com · 23 Nov 2016
Checked against the documents above. Record ORB-2016-0003.
Other financings by SES
| Date | Financing | Type | Amount |
|---|---|---|---|
| 24 Mar 2026 | SES €650m 7.375% perpetual hybrid | Bond | €650m |
| 23 Dec 2024 | EIB €150m loans to SES (2024) | Government finance | €150m |
| 6 Sep 2024 | SES €1bn hybrid dual-tranche bonds | Bond | €1bn |
| 19 Jun 2024 | SES acquisition financing for Intelsat | Acquisition finance | €3bn |
| 16 Dec 2022 | EIB €300m loan to SES | Government finance | €300m |
| 27 May 2021 | SES €625m hybrid bonds (2021) | Bond | €625m |
M&A and investment involving SES
| Date | Deal | Type | Value |
|---|---|---|---|
| 17 Jul 2025 | SES acquisition of Intelsat | M&A | US$2.6bn |
| 1 Aug 2016 | SES acquisition of the rest of O3b Networks | Stake sale | US$730m |
