[SatNews] Morethan 140 investors flock to 10-year Euro bond.

SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG), operator of a global fleet of 44 communication satellites, has successfully placed a €650 million 10-year Euro bond. The bond, issued by SES S.A. and guaranteed by SES Global Americas Holdings GP, was priced at 99.486 with a coupon of 4.750 percent (Mid-Swap +137 bps). SES is rated Baa2/BBB/BBB (all stable). SES S.A. takes advantage of the strong appetite from investors for longer-dated corporate bonds to extend its debt maturity profile. This transaction represents another long-dated Eurobond issued by the Company and its return to the debt capital markets after its last public transaction in March 2010 when it also placed a 650 million euros ten-year bond. The transaction was 2.7 times oversubscribed with orders from nearly 140 investors. This warm reception allowed a placement of the bonds toward the highest quality investor base with asset managers representing 72 percent while insurers and pension fund took 8 percent. Investor interest was spread across Europe with UK 28 percent, France 25 percent, Germany/Austria 15 percent and Rest of Europe representing 32 percent. Finally, the bond was priced at the tight end of the price guidance.