OTTAWA, Ontario, Sept. 18 /PRNewswire-FirstCall/ -- Telesat Holding Inc. and its shareholder BCE Inc. (TSX/NYSE:BCE) today announced that a preliminary prospectus and a registration statement have been filed for an initial public offering of non-voting shares of Telesat Holding Inc., in Canada and the United States. Prior to completion of the offering, Telesat will incur certain indebtedness the net proceeds of which, together with the net proceeds of the offering, will be distributed to BCE.
The offering will be underwritten by a syndicate of underwriters led by Goldman, Sachs & Co., Citigroup Corporate and Investment Banking and RBC Capital Markets, which will act as joint book-running managers for the offering.
When available, a copy of the U.S. and Canadian preliminary prospectuses may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad Street, New York, NY 10004-2408, Fax: 1-212-902-9316 or email at
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
About Telesat
Upon closing of the offering, Telesat Holding Inc. will be the parent company of Telesat Canada which is a satellite service provider in Canada. The address of its principal offices is 1601 Telesat Court, Gloucester, Ontario, K1B 5P4, Canada and its telephone number is (613) 748-0123.