6/23/2020

SES Successfully Prices EUR 400 Million 8-Year Euro Bond

SES S.A. announced today the successful launch and pricing of a bond offering in which it has agreed to sell senior unsecured fixed rate notes due in 2028 for a total amount of EUR 400 million. The notes will bear a Coupon of 2.00% per annum and were priced at 99.445% of their nominal value. SES is rated Baa2 by Moody’s (with negative outlook) and BBB- by Standard & Poor’s (with stable outlook). Proceeds of the issuance will be used for general corporate purposes which includes the refina...