SES Global to finance the transaction through a combination of debt and new equity. New shares to be issued to Luxembourg public institutions to maintain their current level of economic and voting interest in SES Global. Discretionary international public equity offering planned combined with a listing on a US stock exchange. Enterprise value of SES Global upon completion approximately EURO 14bn.
Transaction is subject to regulatory approvals.
The transaction will combine the resources of two complementary satellite companies to create the premier global satellite services provider. Strong regional presence - A combination of premier regional satellite companies operating satellites in orbital positions optimized for landmass coverage. Americom has excellent relationships with North American broadcasters, cable programmers and private enterprises. Via holdings in Asia and Latin America, such relationships are extended to major players in these emerging markets. Similarly, Americom operates one of the most reliable, high quality fleets in the industry with 8.7 Sigma availability.