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Intelsat, Ltd. Has announced that on 18 December 2003 it commenced an offer to exchange its 5 1/4% Senior Notes due 2008 and its 6 1/2% Senior Notes due 2013 sold in November 2003 pursuant to Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), for an equal amount of newly issued 5 1/4% Senior Notes due 2008 and 6 1/2% Senior Notes due 2013, respectively. The new notes have substantially the same terms as the original notes, except that the new notes have been registered under the Securities Act and will be freely tradeable. Intelsat, Ltd. Will accept for exchange any and all original notes validly tendered and not withdrawn prior to 5:00 p.m. New York City time on 22 January 2004 (the "expiration date"), unless extended. Tenders of original notes may be withdrawn at any time prior to 5:00 p.m. New York City time on the expiration date. The terms of the exchange offer and other information relating to Intelsat, Ltd. Are set forth in the prospectus dated 16 December 2003. Copies of the prospectus and the related letter of transmittal may be obtained from The Bank of New York, which is serving as the exchange agent in connection with this exchange offer. Intelsat, Ltd. Offers telephony, corporate network, video and Internet solutions around the globe via capacity on 25 geosynchronous satellites in prime orbital locations. Customers in approximately 200 countries rely on Intelsat's global satellite, teleport and fiber network for high-quality connections, global reach and reliability. Related Links Intelsat SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express
The Hague - Dec 19, 2003New Skies Satellites announced Thursday that its stock has been added to Euronext's Next 150 equity index. Euronext, the pan-European stock exchange on which New Skies is listed, segments its top listed companies into two indices based on market capitalization and trading activity. The largest 100 companies comprise the Euronext 100 and the subsequent 150 largest comprise the Next 150, the index New Skies has just joined. |
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