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Intelsat to redeem US$1.5bn Jackson notes via new issuance amid guidance cut

Craig BarnerbyCraig Barner
June 19, 2017
in Financing, Space Services
0
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Satellite fleet operator Intelsat plans to offer US$1.5bn in 9.75% senior notes due 2025, weeks after failing to convince bondholders to merge with Ku-band startup OneWeb. The Luxembourg-based group also cut its 2017 forecasts for EBITDA, revenue and capex following slower-than-expected… Satellite fleet operator Intelsat (NYSE:I) plans to offer US$1.5bn in 9.75% senior notes due 2025, weeks after failing to convince […]

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