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Stock impact report

Intelsat S.A. Announces Secondary Offering of Common Shares by Certain Shareholders

INTELSAT SA (I) 
Last intelsat sa earnings: 2/20 06:29 am Check Earnings Report
US:NYSE Investor Relations: investors.intelsat.com
Company Research Source: Business Wire
LUXEMBOURG--(BUSINESS WIRE)-- Intelsat S.A. (NYSE: I) (the “Company”) announced today the commencement of a public offering by certain of the Company’s shareholders (the “Selling Shareholders”) of 10,000,000 of the Company’s common shares, nominal value $0.01 per share (plus up to an additional 1,500,000 common shares may be sold pursuant to an underwriters’ option to purchase additional shares), subject to market conditions and other factors. The offering consists entirely of common shares beneficially owned by the Selling Shareholders. The Company will not receive any of the proceeds from the common shares sold by the Selling Shareholders in the offering. Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint book-running managers for the offering. Intelsat has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for the Show less Read more
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