InfraOrbitThe capital behind space.
Bond · 24 Mar 2026

SES €650m 7.375% perpetual hybrid

Issuer or borrower
SES
Date
24 Mar 2026
Amount
€650m
US$ equivalent
US$754m
Type
Bond
Structure
Perpetual hybrid notes, first call 24 March 2031
Pricing
7.375%
Country
Luxembourg

Sources

  1. SES: debt investors ses.com

Checked against the documents above. Record ORB-2026-0006.

Other financings by SES

DateFinancingTypeAmount
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

M&A and investment involving SES

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