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Intelsat SA (I.N)

I.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Intelsat announces pricing of senior notes
Monday, 19 Jun 2017 06:12pm EDT 

June 19 (Reuters) - Intelsat Sa -:Intelsat announces pricing of senior notes.Unit has priced a private offering of $1.5 billion aggregate principal amount of senior notes due 2025.Intelsat Sa says notes are unsecured and will bear interest at a rate of 9.750% per annum.  Full Article

Intelsat announces proposed offering of senior notes
Monday, 19 Jun 2017 09:54am EDT 

June 19 (Reuters) - Intelsat SA :Intelsat announces proposed offering of senior notes.Intelsat announces proposed offering of senior notes.Intelsat SA -unit intends to offer $1.5 billion aggregate principal amount of senior notes due 2025.Intelsat SA- proceeds from sale expected to be used with available cash to fund redemption of $1.5 billion intelsat jackson's 7.25% notes due 2019.  Full Article

Intelsat says launch program remains on track
Friday, 16 Jun 2017 07:18am EDT 

June 16 (Reuters) - Intelsat SA ::Intelsat-While launch program remains on track, progress on commercialization of epicng services pacing slower than necessary to meet expectations for 2017‍​.Intelsat SA - pricing trends remain generally stable and within expectations for 2017 for both new business and renewals‍​.Intelsat SA - expect revenue to range from $2,150 million to $2,180 million for 2017.Intelsat SA - adjusted EBITDA guidance performance is expected to range from $1,640 million to $1,670 million for 2017.Intelsat SA - sees FY 2017 capital expenditures $500 million - $550 million - SEC filing.Intelsat SA - sees FY 2018 capital expenditures $400 million - $475 million.Intelsat SA - sees FY 2019 capital expenditures $400 million - $500 million.  Full Article

Dalkom, Intelsat to expand broadband, media options in Africa, Middle East
Friday, 9 Jun 2017 12:00am EDT 

June 9 (Reuters) - Intelsat SA : :Intelsat - Dalkom Somalia signed agreement for satellite services to expand its broadband enterprise, DTH services in East, Central Africa; Middle East.  Full Article

INTELSAT EXTENDS AGREEMENT WITH STARZ FOR GALAXY FLEET PROGRAMMING DISTRIBUTION IN U.S.
Friday, 21 Apr 2017 10:07am EDT 

April 21 (Reuters) - Intelsat SA :INTELSAT EXTENDS AGREEMENT WITH STARZ FOR GALAXY FLEET PROGRAMMING DISTRIBUTION IN THE UNITED STATES.WILL PROVIDE COMBINATION OF BROADCAST AND INTELSATONE SERVICES FOR STARZ, WHICH CURRENTLY DISTRIBUTES 49 CHANNELS/FEEDS ON INTELSAT FLEET.  Full Article

Intelsat says indirect units commenced an offer to exchange certain respective outstanding senior unsecured notes
Friday, 24 Mar 2017 05:04pm EDT 

Intelsat Sa : Intelsat SA-Indirect units commenced an offer or offers to exchange certain respective outstanding senior unsecured notes for new exchange notes .Intelsat SA - exchange offers, related consent solicitations conducted pursuant to combination agreement between co, Worldvu Satellites Limited.  Full Article

Intelsat acquires equity stake in Kymeta
Tuesday, 7 Mar 2017 06:45am EST 

Intelsat SA : Intelsat and Kymeta complete major milestones; Intelsat acquires equity stake in kymeta . Intelsat SA - Stephen Spengler, Intelsat's chief executive officer to join Kymeta's board of directors .Intelsat SA - co has acquired an equity stake in Kymeta.  Full Article

Intelsat Q4 earnings per share $5.56
Tuesday, 28 Feb 2017 07:00am EST 

Intelsat : Intelsat announces fourth quarter and full-year 2016 results . Intelsat SA qtrly earnings per share $5.56 . Q4 revenue $550.7 million versus I/B/E/S view $543.2 million . Intelsat - Softbank Group to capitalize Intelsat with $1.7 billion investment in new equity to effect Intelsat debt reduction through exchange offers . Intelsat SA - announced conditional combination agreement with Oneweb in a share-for-share transaction . Sees FY 2017 revenue $2.18 billion to $2.225 billion . Intelsat SA says backlog as of December 31, 2016 was $8.7 billion . Intelsat SA sees adjusted EBITDA for full year 2017 to be in range of $1.655 billion to $1.700 billion .Intelsat SA - anticipate that assuming completion of merger with Oneweb there will be capital expenditure reductions.  Full Article

Intelsat and Oneweb announce conditional combination agreement
Tuesday, 28 Feb 2017 05:47am EST 

Intelsat SA : Intelsat SA - Intelsat and Oneweb announce conditional combination agreement . Intelsat SA - debt exchange offers, announced , together with proceeds of Softbank investment are intended to reduce Intelsat's debt by about $3.6 billion . Intelsat SA - Softbank Group Corp. to capitalize Intelsat with $1.7 billion investment in new equity to effect Intelsat debt reduction . Intelsat Sa - Intelsat's ceo, Stephen Spengler, will be CEO of combined company . Intelsat SA - Intelsat and Oneweb will merge in a share-for-share transaction . Intelsat SA - Softbank will acquire a number of common shares of combined company, resulting in an approximate 39.9% voting stake . Intelsat SA - any common shares purchased by Softbank will be for $5.00 per share in cash. . Intelsat SA - in business combination, Oneweb shareholders will receive intelsat common shares in exchange for their Oneweb shares . Intelsat SA - Intelsat shareholders will retain Intelsat common shares they currently hold . Intelsat SA - Softbank will acquire an additional number of non-voting preferred shares of combined co for cash consideration of about $1.7 billion . Intelsat SA - combined company will remain domiciled in Luxembourg, and continue to be listed on New York Stock Exchange . Intelsat SA - combination agreement has been approved by boards of directors of Intelsat and Oneweb.  Full Article

Softbank Group pushing for OneWeb, Intelsat merger- Sky News
Monday, 27 Feb 2017 02:55pm EST 

: Japan's Softbank Group stitching together deal that would see OneWeb merge with Intelsat SA - Sky News .Discussions involving combination of OneWeb and Intelsat are at an advanced stage- Sky News.  Full Article

More From Around the Web

BRIEF-Intelsat announces proposed offering of senior notes

* Intelsat SA -unit intends to offer $1.5 billion aggregate principal amount of senior notes due 2025