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SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG), operator of a global fleet of 41 communication satellites, has successfully placed a €650 million ten-year Eurobond. The bond, issued by SES S.A. and guaranteed by SES Global Americas Holdings GP, was priced at 99.467 with a coupon of 4.625% (Mid- Swap +135 bps). SES is rated Baa2/BBB/BBB (all stable). With this transaction, SES S.A. takes advantage of the attractive financing conditions and strong appetite from investors for corporate bonds, in particular in the longer-dated segment to extend its debt maturity profile. This transaction represents the longest-dated Eurobond issued by the company, and its return to the debt capital markets after its last public transaction in June 2009 when it placed a €650 million five-year...
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