Intelsat Closes Senior Secured Notes Issuance
Intelsat Jackson’s obligations under the notes are guaranteed by
Intelsat Jackson’s direct parent company,
The net proceeds from the sale of the notes are expected to be used by Intelsat Jackson to fund its previously announced tender offers to purchase its 6 5⁄8% Senior Notes due 2022, 5 1⁄2% Senior Notes due 2023 and 7 1⁄2% Senior Notes due 2021.
The issuance of the notes was not registered under the Securities Act of 1933, as amended, and the notes may not be resold absent registration or an applicable exemption from registration requirements. 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, nor does it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful.
Intelsat Safe Harbor Statement:
Statements in this news release, including statements regarding the tender offers, 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
Because actual results could differ materially from
Vice President, Investor Relations and Corporate Communications
Director, Investor Relations and Corporate Communications