SES completes refinancing of O3b debt

Thursday 12 January 2017 | 09:43 CET | News
SES said it has refinanced the remaining debt of O3b. The move will deliver a total of EUR 60 million in annual cost savings, starting from 2017. The refinancing was funded using cash available at group level, which included the proceeds of the hybrid bond issued by SES in November.

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Categories: Broadcast & Satellite / Internet / Broadcast & Satellite
Companies: SES
Countries: World
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