Satnews Daily
September 28th, 2009

Financially Speaking... GeoEye, Inc...


GeoEye logo (092809) GeoEye, Inc. (NASDAQ: GEOY) has received tenders and consents from the holders of $249.5 million in aggregate principal amount, or approximately 99.8 percent, of its outstanding $250 million Senior Secured Floating Rate Notes due 2012 (the "Notes") as of the expiration of the consent payment deadline, which was September 24, 2009, at 5:00 p.m., New York City time (the "Consent Deadline"). This is pursuant to its previously announced tender offer and consent solicitation. The consents received exceeded the number required to approve the proposed amendments to the indenture under which the Notes were originally issued. Because the Consent Deadline has passed, Notes tendered and consents given may not be validly withdrawn or revoked whether tendered or given prior to or after the Consent Deadline. The terms of the tender offer and consent solicitation for the Notes are detailed in GeoEye's Offer to Purchase and Consent Solicitation Statement dated September 11, 2009 (the "Offer to Purchase").