ENXTPA:ETLMedia
Assessing Eutelsat Communications (ENXTPA:ETL) Valuation After New €1,500m Bond Offering And OneWeb Financing Moves
Eutelsat’s new bond offering and what it could mean for shareholders
Eutelsat Communications (ENXTPA:ETL) has launched a €1,500 million offering of new euro‑denominated senior notes due 2031 and 2033. This is a financing move that directly affects the company’s capital structure and, by extension, equity investors.
The notes will be guaranteed by Eutelsat S.A. and OneWeb Holdings Limited. The proceeds and new credit facilities are intended to redeem existing 2027 and 2029 notes, repay term...