Eutelsat Communications Aktie
WKN DE: A14ZWR / ISIN: US29888Q2075
16.06.2016 18:10:00
|
Eutelsat SA -- Moody's assigns Baa3 rating to Eutelsat's new bond
London, 16 June 2016 -- Moody's Investors Service ("Moody's") has today assigned a Baa3 rating to Eutelsat SA's ("Eutelsat") new EUR 500 million senior unsecured bond due 2021. The proceeds of this new bond will be used to refinance Eutelsat'sEUR 850 million 4.125% senior unsecured bond due March 2017. This Baa3 rating on Eutelsat's new bond is at the same Baa3 level as Eutelsat's existing senior unsecured bonds and those existing bonds' ratings are unaffected by the assignment of this rating. The outlook on all of Eutelsat's debt instruments is stable.