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Eutelsat eyes debt savings with €500m bond

Connectivity BusinessbyConnectivity Business
June 16, 2016
in Uncategorized
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Eutelsat has launched a €500m (US$562m) bond to refinance debt that will save it €30m (US$33.7m) a year in financial costs and comes as the company conducts a strategic review following last month’s shock profit warning. The Paris-based satellite fleet operator said it took advantage of the competitive bond market to price five-year 1.125% senior unsecured notes at […]

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