Oct 14 (Reuters) - Intelsat Jackson Holdings Ltd, a unit
of Intelsat Corp, on Wednesday sold $500 million of
senior notes in the 144a private placement market, said market
sources.
Bank of America Merrill Lynch, Barclays, Credit Suisse, and Morgan Stanley were the joint bookrunning managers for the sale.
BORROWER: INTELSAT JACKSON HOLDINGS LTD
AMT $500 MLN COUPON 8.50 PCT MATURITY 11/1/2019 TYPE SNR NOTES ISS PRICE 99.166 FIRST PAY 5/1/2010 MOODY'S B3 YIELD 8.625 PCT SETTLEMENT 10/20/2009 S&P B-PLUS SPREAD 521 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YEARS*
*MAKE-WHOLE CALL 50 BPS.
Keywords: INTELSATJACKSONHOLDINGS DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Bank of America Merrill Lynch, Barclays, Credit Suisse, and Morgan Stanley were the joint bookrunning managers for the sale.
BORROWER: INTELSAT JACKSON HOLDINGS LTD
AMT $500 MLN COUPON 8.50 PCT MATURITY 11/1/2019 TYPE SNR NOTES ISS PRICE 99.166 FIRST PAY 5/1/2010 MOODY'S B3 YIELD 8.625 PCT SETTLEMENT 10/20/2009 S&P B-PLUS SPREAD 521 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YEARS*
*MAKE-WHOLE CALL 50 BPS.
Keywords: INTELSATJACKSONHOLDINGS DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.