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Hamilton - Dec 22, 2003 Intelsat, Ltd. Has announced that on 18 December 2003 it commenced an offer to exchange its 5 1/4% Senior Notes due 2008 and its 6 1/2% Senior Notes due 2013 sold in November 2003 pursuant to Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), for an equal amount of newly issued 5 1/4% Senior Notes due 2008 and 6 1/2% Senior Notes due 2013, respectively. The new notes have substantially the same terms as the original notes, except that the new notes have been registered under the Securities Act and will be freely tradeable. Intelsat, Ltd. Will accept for exchange any and all original notes validly tendered and not withdrawn prior to 5:00 p.m. New York City time on 22 January 2004 (the "expiration date"), unless extended. Tenders of original notes may be withdrawn at any time prior to 5:00 p.m. New York City time on the expiration date. The terms of the exchange offer and other information relating to Intelsat, Ltd. Are set forth in the prospectus dated 16 December 2003. Copies of the prospectus and the related letter of transmittal may be obtained from The Bank of New York, which is serving as the exchange agent in connection with this exchange offer. Intelsat, Ltd. Offers telephony, corporate network, video and Internet solutions around the globe via capacity on 25 geosynchronous satellites in prime orbital locations. Customers in approximately 200 countries rely on Intelsat's global satellite, teleport and fiber network for high-quality connections, global reach and reliability. Community Email This Article Comment On This Article Related Links Intelsat SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Stratos Steps Closer To Xantic Acquisition
Bethesda MD (SPX) Jan 5, 2006Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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