Eutelsat S.A. Announces Successful New 6-Year Bond Issuance

PARIS, December 9, 2013 /PRNewswire/ --

Launch and pricing by Eutelsat S.A. of a €930 million 2.625 percent Eurobond due 2020

Eutelsat Communications (NYSE Euronext Paris: ETL) today announced the successful issue by Eutelsat S.A. of 6-year senior unsecured bonds (the "Bonds") for a total of €930 million.

The Company has been able to take advantage of the very competitive current market environment to raise long-term financing with a 6-year maturity at attractive conditions. The transaction was well received by a diversified investor base and was significantly over-subscribed, demonstrating the market's confidence in Eutelsat's long-term business model.

The Bonds will be issued at 99.289 percent and, at maturity, will be redeemed at 100 percent of their principal amount. They will have a coupon of 2.625 percent per annum and will be cleared through Clearstream and Euroclear. Application has been made for the Bonds to be listed on the Official List and admitted to trading on the regulated market of the Luxembourg Stock Exchange. The bonds will mature on 13 January 2020. Delivery and settlement of the Bonds are expected on or about 13 December 2013.

The Bonds will enable Eutelsat to cover financing requirements in connection with the acquisition of Satmex, announced in July 2013. In addition, the bridge facility signed by Eutelsat in September 2013 to finance the acquisition of Satmex will be cancelled. If the Satmex transaction does not close by 13 March 2014, the Bonds would be redeemable at 101 percent of their principal amount.

Joint-bookrunners: Banca IMI, Crédit Agricole CIB, Mitsubishi UFJ Securities and Société Générale Corporate & Investment Banking.

Co-lead managers: Mizuho International plc, SMBC Nikko Capital Markets Limited

About the Bonds:

Issuer:  Eutelsat S.A.

Amount:  €930million  

Coupon:  2.625 percent  

Maturity:  13 January 2020  

Market:  Official List of the Luxembourg Stock Exchange (Regulated Market)

About Eutelsat Communications

With capacity commercialised on 31 satellites delivering reach of  Europe, the Middle East, Africa, Asia, significant parts of the Americas and the Asia-Pacific, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world's leading satellite operators. As of 30 September 2013, Eutelsat's satellites were broadcasting more than 4,700 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group's satellites also provide a wide range of services for TV contribution, corporate networks and fixed and mobile broadband markets. Headquartered in Paris, Eutelsat and its subsidiaries employ over 780 commercial, technical and operational professionals from 30 countries. http://www.eutelsat.com

Not for distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions.

France

This announcement does not constitute or form part of an offer or solicitation of an offer to purchase or subscribe for securities in France.   This document shall not be construed as an offer to the public as defined under article L.411-1 of the French Code monétaire et financier, to the extent that the Bonds will have a denomination of €100,000 and will only be offered to (i) providers of investment services relating to portfolio management for the account of third parties (personnes fournissant le service d'investissement de gestion de portefeuille pour compte de tiers), and/or (ii) qualified investors (investisseurs qualifiés) acting for their own account as defined in, and in accordance with Articles L.  411-1, L.411-2, D.411-1 and D. 411-4 of the French Code monétaire et financier.

United States

Neither this document nor any copy of it may be taken, transmitted or distributed, directly or indirectly, in or into the United States its territories or possessions or to any US person (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "U.S. Securities Act")). This document does not constitute or form part of any offer or solicitation of an offer to purchase or subscribe for securities in the United States. The Bonds may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act The Bonds have not been and will not be registered under the U.S. Securities Act and Eutelsat S.A. does not intend to make a public offer of the Bonds in the United States.Any failure to comply with these restrictions may constitute a violation of United States securities law and other applicable laws.

United Kingdom

This document is distributed only to, and is directed only at persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 , as amended (the "Order"), (ii) fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc") of the Order, or (iii) are outside the United Kingdom and to whom it may otherwise lawfully be communicated, (all such persons together being referred to as "relevant persons"). Neither this document nor any of its contents must be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this document relates is available to relevant persons only and will be engaged in only with relevant persons.

Italy 

The offering of the Bonds has not been registered pursuant to Italian securities legislation and this document shall not be distributed in the Republic of Italy (Italy) except (i) to qualified investors (investitori qualificati), pursuant to Article 100 of Legislative Decree No. 58 of 24 February 1998 (the Consolidated Financial Services Act) and Article 34-ter, paragraph 1, letter (b) of CONSOB regulation No. 11971 of 14 May 1999 (the CONSOB Regulation), all as amended and restated from time to time or (ii) in any other circumstances where an express exemption from compliance with the restrictions on offers to the public applies, as provided under Article 100 of the Consolidated Financial Services Act and Article 34-ter of the CONSOB Regulation No. 11971, in each case in compliance with Italian law and regulations or requirement imposed by CONSOB or any other Italian authority.