Financing ·
SES buys back €363M of its €500M guaranteed notes due 2027 at 97.33% of par
SGBAFSes S.A.
SES accepted for purchase all validly tendered notes totaling €363,397,000 in principal amount without pro-rata scaling. The company purchased the debt at a price of 97.330% of par, yielding approximately 3.442%. Settlement is expected on October 7, 2026, after which €136,603,000 in aggregate principal amount will remain outstanding. SES intends to cancel the purchased notes. SES operates in the space industry, providing satellite communications and connectivity solutions.