Telesat Canada Announces Completion of Tender Offer for Its Outstanding 11.0% Senior Notes
OTTAWA, CANADA, May 29, 2012 – Telesat Canada (“Telesat”), a wholly-owned subsidiary of Telesat Holdings Inc. (“Holdings”), announced today the completion of its tender offer (the “Tender Offer”) to purchase any and all of its outstanding 11.0% Senior Notes due 2015 (the “Senior Notes”) issued under an indenture dated as of June 30, 2008 (the […]
Telesat Successfully Launches Nimiq 6 Satellite
New direct broadcast satellite is fully contracted to Telesat’s longstanding customer, Bell TV, for 15 years Baikonur Space Center, Kazakhstan, May 18, 2012 – Telesat, a leading global fixed satellite services operator, has successfully launched its Nimiq 6 direct broadcast satellite. Nimiq 6 will be located at 91.1 degrees West providing a broad range of […]
Telesat Canada Announces Closing of its Private Placement Notes Offering and Purchase of Tendered Senior Notes
OTTAWA, CANADA, May 14, 2012 – Telesat Canada (“Telesat”), a wholly-owned subsidiary of Telesat Holdings Inc. (“Holdings”), today issued $700,000,000 in aggregate principal amount of 6.00% Senior Notes, which mature on May 15, 2017, pursuant to an indenture, dated as of May 14, 2012, by and among Telesat, Telesat LLC, as co-issuer, the guarantors named […]
Telesat Canada Announces Waiver of Consent Condition in Connection with Tender Offer and Consent Solicitation for Its 11.0% Senior Notes due 2015
OTTAWA, CANADA, May 14, 2012 – Telesat Canada (“Telesat”), a wholly-owned subsidiary of Telesat Holdings Inc. (“Holdings”), today announced that it received tenders and consents from the holders of $238.7 million aggregate principal amount, or approximately 34.5%, of its 11.0% Senior Notes due 2015 (the “Senior Notes’) issued under an indenture dated as of June […]
Telesat Canada Announces Proposed Notes Offering
OTTAWA, CANADA, April 30, 2012 –Telesat Canada (“Telesat”), a wholly-owned subsidiary of Telesat Holdings Inc. (“Holdings”) today announced that, together with Telesat LLC, as co-issuer, it intends to issue US$700 million of senior notes due 2017 (the “Senior Notes”). Telesat intends to use the net proceeds from the offering to fund the repurchase or redemption […]
Telesat Canada Announces Pricing of Notes Offering
OTTAWA, CANADA, April 30, 2012 –Telesat Canada (“Telesat”), a wholly-owned subsidiary of Telesat Holdings Inc. (“Holdings”), today announced the pricing of a private placement launched this morning. Telesat, together with Telesat LLC, as co-issuer (together with Telesat, the “Co-Issuers”), will issue US$700 million of senior notes due 2017 (the “Senior Notes”). The closing of the […]
Telesat Canada Announces Tender Offer and Consent Solicitation for Certain of its Outstanding Notes
Telesat Reports Results for the First Quarter Ended March 31, 2012
Telesat Announces Closing of Refinancing Transaction
OTTAWA, CANADA, March 28, 2012 – Telesat Canada (“Telesat”), a wholly owned subsidiary of Telesat Holdings Inc. (“Holdings”), today announced its entry into a new credit agreement. The new credit agreement provides for the extension of credit under the following senior credit facilities in the principal amount of up to approximately US$2,550 million (together, the […]
Telesat Receives Ratings on Proposed Refinancing
Moody’s Upgrades Ratings OTTAWA, CANADA, March 13, 2012 – Telesat Holdings Inc. today announced that it has received ratings from Moody’s Investor Services (Moody’s) and Standard and Poor’s Rating Services (S&P) in relation to the proposed arrangement for US$2.55 billion of senior secured credit facilities. Moody’s rated Ba3 the proposed US$2.55 billion credit facilities of […]
