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BRIEF-SES completes refinancing of O3b debt
January 12, 2017 / 7:54 AM / 10 months ago

BRIEF-SES completes refinancing of O3b debt

Jan 12 (Reuters) - SES SA :

* SES completes refinancing of O3b debt

* USD 1.4 billion of debt refinanced at lower rates, generating 60 million euros ($63.80 million) of annual financial costs savings from 2017

* This will deliver a total of approximately 60 million euros of annual finance cost savings, starting from 2017

* Refinancing was funded using cash that was available at group level Source text for Eikon: Further company coverage: ($1 = 0.9404 euros) (Gdynia Newsroom)

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