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Satnews Daily
April 13th, 2012

Intelsat... Financially Speaking...


[SatNews] Intelsat S.A. has announced that its subsidiary, Intelsat Jackson Holdings S.A. ("Intelsat Jackson"), is amending the terms of its previously announced tender offer...

...for its 9-½ percent Senior Notes due 2016 (the "9-½ percent Notes"). Intelsat Jackson is now offering to purchase for cash (the "9-½ percent Offer") any and all of its $701,913,000 outstanding 9-½ percent Notes. Except as set forth above, the terms of the 9-½ percent Offer remain unchanged. The terms of Intelsat Jackson's previously announced tender offer (the "11-¼ percent Offer" and together with the 9-½ percent Offer, the "Tender Offers") for its 11-¼ percent Senior Notes due 2016 remain unchanged.

Intelsat Jackson has retained Goldman, Sachs & Co. to act as the dealer manager (the "Dealer Manager") for each of the Tender Offers. Global Bondholder Services Corporation will act as the Information Agent and the Depositary for each of the Tender Offers. Questions regarding either of the Tender Offers should be directed to Goldman, Sachs & Co. at (800) 828-3182 (toll-free) or (212) 357-0345 (collect). Requests for documentation should be directed to Global Bondholder Services Corporation at (866) 470-3900 (toll-free) or (212) 430-3774 (collect).

This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to purchase with respect to any notes. Each Tender Offer is being made solely pursuant to an Offer to Purchase and related documents. The Tender Offers are not being made to holders of notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offers to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of Intelsat Jackson by the Dealer Manager, or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.