Telesat Canada announces proposed notes offering
ETL

Telesat Canada announces proposed notes offering

September 27, 2019

Telesat Canada today announced that, together with Telesat LLC, as co-issuer, it intends to issue US$500 million of senior notes due 2027.

 

Telesat intends to use the net proceeds from the proposed offering of Senior Notes, together with cash on hand, to redeem its US$500 million aggregate principal amount outstanding of 8.875% senior notes due November 17, 2024 and pay related fees and expenses.

 

The Senior Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and, outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act. The Senior Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act or other applicable securities laws.

Share on Twitter
Please reload

Walton De-Ice
Azure Shine
Integrasys

CONNECT WITH US: ...marketing made simple... 

© 2019 DS AIR Limited. Satellite Evolution Group is a wholly-owned subsidiary of DS Air Limited. United Kingdom

Email: admin@dsairpublications.com

  • LinkedIn Social Icon
  • Twitter Social Icon
  • Facebook Social Icon
  • YouTube Social  Icon
RSS Feed