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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 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

Global Eagle Entertainment and Intelsat sign 'epic' expansion deal
Wednesday, 26 Oct 2016 04:00pm EDT 

Global Eagle Entertainment Inc - : Global Eagle Entertainment and Intelsat sign 'epic' expansion deal .Intelsat SA - Co, Global Eagle Entertainment entered into a new and expanded contract to deliver broadband connectivity across five continents.  Full Article

Intelsat announces final results of exchange offer for certain notes of Intelsat Jackson Holdings S.A.
Tuesday, 27 Sep 2016 06:00am EDT 

Intelsat Sa : Intelsat announces final results of exchange offer for certain notes of Intelsat Jackson holdings S.A. . Says Intelsat Jackson offered to exchange any and all of its outstanding $141.8 million amount of 6.625% senior notes due 2022 notes .On Sept 15 tenders from holders of approximately $141.4 million of outstanding 2022 notes were accepted in exchange offer.  Full Article

Intelsat Q2 EPS $0.98
Wednesday, 27 Jul 2016 06:30am EDT 

Intelsat Sa : FY 2016 earnings per share view $0.26, revenue view $2.17 billion -- Thomson Reuters I/B/E/S . Intelsat reaffirms 2016 guidance . Intelsat announces second quarter 2016 results . Q2 revenue $542 million versus I/B/E/S view $537.3 million . Sees FY 2016 revenue $2.14 billion to $2.2 billion . Q2 earnings per share $0.98 . Q2 earnings per share view $0.34 -- Thomson Reuters I/B/E/S . At June 30, 2016, contracted backlog, was $9.2 billion, as compared to $9.3 billion at march 31, 2016 .Expect capital expenditures ranges of $625 million to $700 million in 2017, $425 million to $525 million in 2018.  Full Article

Intelsat announces entry into note purchase agreement
Thursday, 30 Jun 2016 09:26am EDT 

Intelsat SA : Intelsat announces entry into note purchase agreement; reduces maximum payment amount and extends expiration date of tender offer for certain notes of Intelsat Jackson Holdings S.A. to July 14, 2016 . Intelsat SA says unit to issue in a private placement $490 million aggregate principal amount of 9.50 pct senior secured notes with a discount of 2.0 pct .Says Intelsat Jackson expects to use net proceeds from new notes to fund its previously announced tender offers.  Full Article

Intelsat SA announces upsizing & pricing of senior secured notes
Monday, 21 Mar 2016 05:17pm EDT 

Intelsat SA:Says its subsidiary Intelsat Jackson Holdings S.A. priced $1.25 billion aggregate principal amount of 8.00% senior secured notes due 2024 at an offering price of 100%.Notes offering is expected to close on March 29.Net proceeds from sale of notes are expected to be used by Intelsat Jackson for general corporate purposes.  Full Article

Intelsat SA appoints Jacques Kerrest as Chief Financial Officer
Friday, 29 Jan 2016 11:45am EST 

Intelsat SA:Appoints jacques kerrest as chief financial officer.Says kerrest will be a member of the company's management committee and is expected to begin his duties on February 1, 2016.Says kerrest joins Intelsat from dpc data inc. where he served as president.  Full Article

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