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SES S.A., one of the world’s leading satellite operators (Euronext Paris and Luxembourg Stock Exchange: SESG), announced that it has signed an amendment of its April 2009 revolving credit facility in an amount of EUR 1,200,000,000, while at the same time pushing the maturity of the facility out to April 2015. The transaction received a very positive reception from the banks invited, according to SES. With existing lenders stepping up and new banks joining, the deal closed substantially oversubscribed from the initial launch amount of EUR 1,000,000,000. Therefore, SES decided to increase the targeted facility amount and use the remainder of the oversubscription to scale the banks’ commitments back. After very successful debt capital markets transactions in 2009 and 2010, the amended...
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