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General

Eutelsat closes EUR 600 mln Eurobond issue

Friday 7 June 2019 | 14:17 CET | News
Eutelsat said it has closed its EUR 600 million issue of 2.250 percent Eurobonds due 2027. With the money raised and cash on hand, the company plans to redeem outstanding bonds issued in December 2013 for EUR 930 million and due in January. The latest bond issue is expected to save EUR 10 million in pre-tax cash interest savings from 2020-2021.

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Categories: General
Companies: Eutelsat
Countries: World
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