Intelsat Issues $900 Million In Senior Notes

Intelsat intends toissue $900 million in senior unsecured notes in a private placement to finance the company’s purchase of Loral Space and Communications‘ [OTC BB: LRLSQ] North American satellite assets. Net proceeds from the sale of the notes also may be used for Intelsat’s general corporate purposes.

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Intelsat Issues $900 Million In Senior Notes

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