[May 21, 2013] Intelsat Jackson Holdings to raise $2,000 million in private placement of senior notes Tweet May 21, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- Intelsat Jackson Holdings S.A., a Luxembourg-based provider of satellite and communications services, is planning to offer $2,000 million aggregate principal amount of senior notes due 2023 in private placement. Intelsat Jackson's obligations under the notes will be guaranteed by Intelsat S.A. and its subsidiary companies. In addition, Intelsat Jackson intends to offer $635 million aggregate principal amount of its 65/8% senior notes due 2022. The 2022 notes will be issued under the same indenture as Intelsat Jackson's existing 65/8% senior notes due 2022. Intelsat Jackson's obligations under the 2022 notes will be guaranteed by Intelsat S.A. Deal Value (US$ Million) 2000 Deal Type Private Placement Sub-Category None Deal Status Announced: 2013-05-21 Deal Participants Target (Company) Intelsat Jackson Holdings S.A. (Intelsat Jackson Holdings, Ltd.) Acquirer (Company) Undisclosed Investors* Deal Rationale Intelsat Jackson intends to use the funds to repay all amounts outstanding under its two senior unsecured credit agreements. [ Back To TMCnet.com's Homepage ]