SES secures final approvals for $3.1bn acquisition of Intelsat
On May 20, 2024, Intelsat and SES filed applications to transfer control of the FCC licenses held by Intelsat to SES.
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On May 20, 2024, Intelsat and SES filed applications to transfer control of the FCC licenses held by Intelsat to SES.
SES has also agreed to a two-year extension of the $1.28bn revolving credit facility, thereby maintaining a back-up liquidity facility until June 26, 2028, with a group of 19 banks.
SES and Intelsat will operate a combined fleet of more than 100 Geostationary Earth Orbit (GEO) and 26 Medium Earth Orbit (MEO) satellites.
