Intelsat Announces Extension of Early Tender Date for Certain Notes of Intelsat Jackson Holdings S.A.
Intelsat Jackson commenced the Tender Offers on
The following table sets forth certain key dates of the Tender Offers, as extended. All such dates are described in detail below and in the Tender Offer Materials (as defined below):
|Key Date||Calendar Date|
|Launch Date||May 12, 2016|
|Early Tender Date||5:00 p.m., New York City time, on June 8, 2016, unless extended or earlier terminated by Intelsat Jackson.|
|Withdrawal Deadline||5:00 p.m., New York City time, on June 8, 2016, unless extended or earlier terminated by Intelsat Jackson.|
|Early Settlement Date (option of Intelsat Jackson)||The Early Settlement Date is currently expected to be June 9, 2016.|
|Expiration Date||11:59 p.m., New York City time, on June 14, 2016, unless extended or earlier terminated by us.|
|Final Settlement Date||The Final Settlement Date is currently expected to be June 15, 2016.|
The Tender Offers are being conducted pursuant to the amended and
restated Offer to Purchase dated as of
Questions regarding the Tender Offers may be directed to
Intelsat Jackson is making the Tender Offers only by, and pursuant to, the terms of the Tender Offer Materials. None of Intelsat Jackson, the Dealer Manager, the Information and Depositary Agent nor their respective affiliates make any recommendation as to whether Holders should tender or refrain from tendering their Securities. Holders must make their own decision as to whether to tender Securities and, if so, the principal amount of the Securities to tender. The Tender Offers are not being made to holders of Securities in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offers to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of Intelsat Jackson by one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
This press release does not constitute an offer to purchase securities or a solicitation of an offer to sell any securities or an offer to sell or the solicitation of an offer to purchase any new securities, including in connection with the New Debt Financing, nor does it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful. Capitalized terms used in this press release but not otherwise defined herein have the meanings assigned to them in the Tender Offer Materials.
Intelsat Safe Harbor Statement
Statements in this news release, including statements regarding the Tender Offer and the New Debt Financing, constitute “forward-looking statements” that do not directly or exclusively relate to historical facts. When used in this release, the words “may,” “will,” “might,” “should,” “expect,” “plan,” “anticipate,” “project,” “believe,” “estimate,” “predict,” “intend,” “potential,” “outlook,” and “continue,” and the negative of these terms, and other similar expressions are intended to identify forward-looking statements and information.
The forward-looking statements reflect Intelsat’s intentions, plans,
expectations, assumptions and beliefs about future events and are
subject to risks, uncertainties and other factors, many of which are
outside of Intelsat’s control. Important factors that could cause actual
results to differ materially from the expectations expressed or implied
in the forward-looking statements include known and unknown risks. Known
risks include, among others, market conditions and the risks described
in Intelsat’s annual report on Form 20-F for the year ended
Because actual results could differ materially from Intelsat’s
intentions, plans, expectations, assumptions and beliefs about the
future, you are urged to view all forward-looking statements with
Vice President, Investor Relations and Communications