SES Global Euro Bond Offer 260 Percent Over Subscribed

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SES Global successfully prices 800 million Euro bond

by Staff Writers
Betzdorf, Luxembourg (SPX) Oct 13, 2006
SES Global S.A. has successfully priced a 2-tranche 800mm euro Bond Offering, comprising a 300mm euro 3-year floating rate note priced at par with a coupon of 3mth Euribor + 25 bps and a 500mm euro 7-year fixed rate note priced at 7-year Mid Swaps + 55 bps, achieving a coupon of 4.375%. The offering was priced following an Investor Conference Call.

This transaction represents SES GLOBAL's second foray into the bond markets during 2006 as the Company decided to take advantage of attractive financing conditions in order to refinance its drawn bilateral facilities.

The successful transaction was 2.6 times oversubscribed with orders from nearly 120 investors spread across Europe and the US. Both tranches were priced at the tight end of the price guidance.

Barclays Capital, Citigroup, Societe Generale acted as Joint bookrunners and BBVA, BOTM as co-managers.

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SPACEMART

Full Service Restored On Eutelsat W3A Satellite

Paris, France (SPX) Oct 11, 2006
Eutelsat confirms that operations of its W3A satellite have been fully restored with normal operational mode following an anomaly occurring earlier today which caused an interruption of service. From 17.45 today Paris time (15.45 UTC) clients using W3A were able to reestablish full commercial service.

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