News & Announcements

Weil Advises on €600M High Yield Offering and Concurrent Tender Offer by Eutelsat

Weil advised BNP Paribas, Crédit Agricole Corporate and Investment Bank and Société Générale, as global coordinators and joint bookrunners, and Goldman Sachs Bank Europe SE, Helaba and IMI - Intesa Sanpaolo, as joint bookrunners in connection with Eutelsat S.A.’s debut offering of €600 million 9.750% senior notes due 2029 and a concurrent cash tender offer to holders of its existing 2.000% senior notes due 2025.

With a fleet of 35 geostationary satellites, Eutelsat is one of the world’s leading operators of telecommunications satellites, with a footprint covering Europe, Africa, the Middle East, Asia-Pacific and the Americas.

The Weil team was led by High Yield partner Gilles Teerlinck and included associates Pierre Brule and David St-Onge in London, as well as Finance partner Jean-Christophe David and associates Constance Frayssineau and Chloé Sellam in Paris. Tax partner Edouard de Lamy and associate Axelle Trintignac advised on French tax matters, with U.S. Tax advice from partner Greg Featherman and associate Carlos Parra.