SES Successfully Renews EUR

New 5-year facility strengthens SES’ liquidity profile while the strong bank interest received underscores the attraction of SES as a strong investment grade company.

LUXEMBOURG -- (BUSINESS WIRE) --

SES S.A. is pleased to announce the successful renewal of the company’s EUR 1,200,000,000 Committed Revolving Credit Facility.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190626005846/en/

Following strong support from existing lenders, the facility was considerably oversubscribed having received a high level of early bird commitments from a number of banks.

The facility is for general corporate purposes and has been structured as a 5-year, multi-currency revolving credit facility with an option to extend until 2026 (5+1+1). The margin for the new facility is 40 basis points (for a Baa2/BBB rating) above EURIBOR and is 5 basis points inside the pricing of the former syndicated and committed credit facility closed in January 2014.

Andrew Browne, Chief Financial Officer of SES, commented: “This financing further strengthens our liquidity profile and has been secured at improved terms. I am particularly pleased with the strong level of support received from existing lenders which highlights SES’ strong investment grade credit fundamentals and demonstrates our continuing and ongoing ability to secure funding on attractive terms”.

The Syndicate is comprised of 19 banks
AGRICULTURAL BANK OF CHINA LUXEMBOURG BRANCH, BANK OF CHINA LIMITED, LUXEMBOURG BRANCH, BANCO BILBAO VIZCAYA ARGENTARIA, S.A., LONDON BRANCH, BANQUE ET CAISSE D'EPARGNE DE L'ETAT, LUXEMBOURG, BNP PARIBAS FORTIS SA/NV, COMMERZBANK AKTIENGESELLSCHAFT, LUXEMBURG BRANCH, DEUTSCHE BANK LUXEMBOURG S.A., GOLDMAN SACHS BANK USA, LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE, HSBC BANK PLC, ING LUXEMBOURG S.A., INTESA SANPAOLO BANK LUXEMBOURG S.A. – AMSTERDAM BRANCH, J.P. MORGAN SECURITIES PLC, LANDESBANK BADEN-WÜRTTEMBERG, MIZUHO BANK EUROPE N.V., MUFG BANK, LTD., NATWEST MARKETS PLC, SUMITOMO MITSUI BANKING CORPORATION, SOCIÉTÉ GÉNÉRALE
and was coordinated by
BNP PARIBAS, COMMERZBANK AKTIENGESELLSCHAFT LUXEMBURG BRANCH, MIZUHO BANK EUROPE N.V., SOCIETE GENERALE

Follow us on:

Social Media
Blog
Media Library

About SES

SES is the world’s leading satellite operator with over 70 satellites in two different orbits, Geostationary Orbit (GEO) and Medium Earth Orbit (MEO). It provides a diverse range of customers with global video distribution and data connectivity services through two business units: SES Video and SES Networks. SES Video reaches over 355 million TV homes, through Direct-to-Home (DTH) platforms and cable, terrestrial, and IPTV networks globally. The SES Video portfolio includes MX1, a leading media service provider offering a full suite of innovative services for both linear and digital distribution, and the ASTRA satellite system, which has the largest DTH television reach in Europe. SES Networks provides global managed data services, connecting people in a variety of sectors including telecommunications, maritime, aeronautical, and energy, as well as governments and institutions across the world. The SES Networks portfolio includes GovSat, a 50/50 public-private partnership between SES and the Luxembourg government, and O3b, the only non-geostationary system delivering fibre-like broadband services today. Further information is available at: www.ses.com


相关推荐
新闻聚焦
猜你喜欢
热门推荐
  • 省委书记应勇:一起克服困难 加油坚守!

      因疫情防控实行小区(村)封闭式管理后,群众生活物资供应能否跟上,社区配送最后一公里是否打通?省委书记、省新冠肺炎疫......

    02-27 来源:凤凰网综合

    分享
  • 刘新成率民进中央调研组在鄂调研 深化“

      5月7日至8日,全国政协副主席、民进中央常务副主席刘新成率民进中央调研组在武汉市、襄阳市开展深化放管服改革,激发微......

    05-09 来源:湖北日报

    分享
  • 省长王晓东: 坚决打赢特殊场所疫情防控

      2月28日,湖北省委副书记、省长、省新冠肺炎疫情防控指挥部指挥长王晓东在武汉市检查督导监狱、养老院、福利院等特殊场......

    02-28 来源:荆楚资讯网

    分享
  • 武汉市邓州商会助力 河南邓州10万斤爱心

      荆楚资讯网讯(刘忠义 )2月25日,满载着河南省邓州市人民的两大卡车10万斤爱心包菜运送到了武汉,在武昌和江岸志愿者的......

    02-28 来源:荆楚资讯网

    分享
  • 少林寺释延振大师访问天华博物馆

      释延振师傅是少林医宗三十四代传人、国际疼痛康复协会会长、狼牙山佛缘禅寺创建人,广州健康管理有限公司法人,他的到......

    11-11 来源:武汉资讯网络台

    分享
  • 4月8日零时起 武汉市解除离汉离鄂通道管

      荆楚资讯网讯: 2020年3月24日, 湖北省新型冠状病毒感染肺炎疫情防控指挥部发布通知称, 为统筹推进疫情防控和经济社会......

    03-25 来源:荆楚资讯

    分享
  • 中国城市创新竞争力蓝皮书出炉 武汉入前

      创新是引领发展的第一动力,在如火如荼的创新浪潮中,中国各大城市的创新竞争力到底孰强孰弱?今天(21日)上午,社会......

    11-21 来源:北京日报客户端

    分享
  • 黄河水利职业技术学院与水利部人才资源

      4月30日,黄河水利职业技术学院(以下简称该校)与水利部人才资源开发中心(以下简称中心)在北京签订战略合作框架协议。中......

    05-09 来源:湖北新市民报网

    分享
  • 山东临沭县委党史研究中心开展主题党日

      荆楚资讯网讯: 2月27日,山东省临沭县委党史研究中心党支部组织全体党员开展战疫情、勇担当、展风采主题党日活动。 党......

    02-28 来源:荆楚资讯网

    分享
  • 黑龙江云桥米业入驻辽宁受市民青睐

       今(17)日,本着以“征服您的胃,拴住您的腿,勾住您的魂,满足您的嘴”为宗旨的黑龙江泰来云桥米业再开新店,云桥......

    11-17 来源: 时代商网

    分享
返回列表
Ctrl+D 将本页面保存为书签,全面了解最新资讯,方便快捷。