Intelsat’s $402.5 Million Offering
June 18, 2018
Cleary Gottlieb is acting as special product counsel to the initial purchasers, Goldman Sachs and Morgan Stanley, in Intelsat S.A.’s Rule 144A offering of $402.5 million of its 4.50 percent convertible senior notes due 2025.
The offering (including exercise in full of the initial purchasers’ option to purchase additional notes) closed on June 18, 2018.
Intelsat operates the world’s largest satellite services business, providing a critical layer in the global communications infrastructure.