Intelsat Connect Finance S.A.’s $1.25 Billion Notes Offering

Cahill represented the initial purchasers in connection with a Rule 144A offering of $1,250,000,000 aggregate principal amount of 9.5% senior notes due 2023 by Intelsat Connect Finance S.A., an indirect wholly-owned subsidiary of Intelsat S.A.

Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC acted as Initial Purchasers on the offering.

Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.

Intelsat S.A. (NYSE: I) operates the world’s first Globalized Network, delivering high-quality, cost-effective video and broadband services anywhere in the world. Intelsat’s Globalized Network combines the world’s largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers to drive revenue and reach through a new generation of network services.

Cahill advised the Initial Purchasers with a team including Corey Wright (Picture), Arielle Bardzell, Alexander Haberman, Ani Ravi and Justin Zeizel.

 

Involved fees earner: Corey Wright – Cahill Gordon & Reindel; Arielle Bardzell – Cahill Gordon & Reindel; Alexander Haberman – Cahill Gordon & Reindel; Ani Ravi – Cahill Gordon & Reindel; Justin Zeizel – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Credit Suisse; Goldman, Sachs & Co.;