EUTELSAT COMMUNICATIONS (EPA:ETL) Eutelsat S.A. announces successful new 6-year bond issuance

Transparency directive : regulatory news

09/12/2013 18:34

PR/105/13

Eutelsat S.A. announces successful new 6-year bond issuance

Launch and pricing by Eutelsat S.A. of a EUR930 million 2.625 percent Eurobond
due 2020

Paris, 9 December 2013 - Eutelsat Communications (NYSE Euronext Paris: ETL)
today announced the successful issue by Eutelsat S.A. of 6-year senior
unsecured bonds (the "Bonds") for a total of EUR930 million.

The Company has been able to take advantage of the very competitive current
market environment to raise long-term financing with a 6-year maturity at
attractive conditions. The transaction was well received by a diversified
investor base and was significantly oversubscribed, demonstrating the market's
confidence in Eutelsat's long-term business model.

The Bonds will be issued at 99.289 percent and, at maturity, will be redeemed
at 100 percent of their principal amount. They will have a coupon of 2.625
percent per annum and will be cleared through Clearstream and Euroclear.
Application has been made for the Bonds to be listed on the Official List and
admitted to trading on the regulated market of the Luxembourg Stock Exchange.
The bonds will mature on 13 January 2020. Delivery and settlement of the Bonds
are expected on or about 13 December 2013.

The Bonds will enable Eutelsat to cover financing requirements in connection
with the acquisition of Satmex, announced in July 2013. In addition, the bridge
facility signed by Eutelsat in September 2013 to finance the acquisition of
Satmex will be cancelled. If the Satmex transaction does not close by 13 March
2014, the Bonds would be redeemable at 101 percent of their principal amount.

Joint-bookrunners: Banca IMI, Crédit Agricole CIB, Mitsubishi UFJ Securities
and Société Générale Corporate & Investment Banking.

Co-lead managers: Mizuho International plc, SMBC Nikko Capital Markets Limited

About the Bonds:
Issuer: Eutelsat S.A.
Amount: EUR930million
Coupon: 2.625 percent
Maturity: 13 January 2020
Market: Official List of the Luxembourg Stock Exchange (Regulated Market)

About Eutelsat Communications
With capacity commercialised on 31 satellites delivering reach of Europe, the
Middle East, Africa, Asia, significant parts of the Americas and the
Asia-Pacific, Eutelsat Communications (Euronext Paris: ETL, ISIN code:
FR0010221234) is one of the world's leading satellite operators. As of
30 September 2013, Eutelsat's satellites were broadcasting more than 4,700
television channels to over 200 million cable and satellite homes in Europe,
the Middle East and Africa. The Group's satellites also provide a wide range of
services for TV contribution, corporate networks and fixed and mobile broadband
markets. Headquartered in Paris, Eutelsat and its subsidiaries employ over 780
commercial, technical and operational professionals from 30 countries.
www.eutelsat.com

For further information

Press
Vanessa O'Connor          Tel. : + 33 1 53 98 37 91       voconnor@eutelsat.fr
Frédérique Gautier        Tel. : + 33 1 53 98 37 91       fgautier@eutelsat.fr

Investors and analysts
Léonard Wapler            Tel. : +33 1 53 98 31 07        lwapler@eutelsat.fr /
                          investors@eutelsat)communications.com
Cédric Pugni              Tel. : +33 1 53 98 31 54        cpugni@eutelsat.fr

Not for distribution, directly or indirectly, in or into the United States,
Canada, Australia or Japan. The distribution of this document may be restricted
by law in certain jurisdictions. Persons into whose possession this document
comes are required to inform themselves about and to observe any such
restrictions.

France
This announcement does not constitute or form part of an offer or solicitation
of an offer to purchase or subscribe for securities in France. This document
shall not be construed as an offer to the public as defined under article
L.411-1 of the French Code monétaire et financier, to the extent that the Bonds
will have a denomination of EUR100,000 and will only be offered to (i)
providers of investment services relating to portfolio management for the
account of third parties (personnes fournissant le service d'investissement de
gestion de portefeuille pour compte de tiers), and/or (ii) qualified investors
(investisseurs qualifiés) acting for their own account as defined in, and in
accordance with Articles L. 411-1, L.411-2, D.411-1 and D. 411-4 of the French
Code monétaire et financier. United States

Neither this document nor any copy of it maybe taken, transmitted or
distributed, directly or indirectly, in or into the United States its
territories or possessions or to any US person (as defined in Regulation S
under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act")). This document does not constitute or form part
of any offer or solicitation of an offer to purchase or subscribe for
securities in the United States. The Bonds may not be offered or sold in the
United States absent registration or an applicable exemption from the
registration requirements of the U.S. Securities Act The Bonds have not been
and will not be registered under the U.S. Securities Act and Eutelsat S.A.
does not intend to make a public offer of the Bonds in the United States.
Any failure to comply with these restrictions may constitute a violation of
United States securities law and other applicable laws.

United Kingdom
This document is distributed only to, and is directed only at persons who (i)
have professional experience in matters relating to investments falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 , as amended (the "Order"), (ii) fall within Article
49(2)(a) to (d) ("high net worth companies, unincorporated associations etc")
of the Order, or (iii) are outside the United Kingdom and to whom it may
otherwise lawfully be communicated, (all such persons together being referred
to as "relevant persons"). Neither this document nor any of its contents must
be acted on or relied on by persons who are not relevant persons. Any
investment or investment activity to which this document relates is available
to relevant persons only and will be engaged in only with relevant persons.

Italy
The offering of the Bonds has not been registered pursuant to Italian
securities legislation and this document shall not be distributed in the
Republic of Italy (Italy) except (i) to qualified investors (investitori
qualificati), pursuant to Article 100 of Legislative Decree No. 58 of
24 February 1998 (the Consolidated Financial Services Act) and Article 34-ter,
paragraph 1, letter (b) of CONSOB regulation No. 11971 of 14 May 1999 (the
CONSOB Regulation), all as amended and restated from time to time or (ii) in
any other circumstances where an express exemption from compliance with the
restrictions on offers to the public applies, as provided under Article 100 of
the Consolidated Financial Services Act and Article 34-ter of the CONSOB
Regulation No. 11971, in each case in compliance with Italian law and
regulations or requirement imposed by CONSOB or any other Italian authority.

              www.eutelsat.com - Follow us on Twitter @Eutelsat_SA

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