Report of Foreign Issuer (6-k)
December 15 2017 - 6:15AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13a-16
or
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2017
001-35878
(Commission File Number)
Intelsat S.A.
(Translation of registrants name into English)
4 rue Albert Borschette
Luxembourg
Grand-Duchy
of Luxembourg
L-1246
(Address of principal executive offices)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form
20-F
or Form
40-F.
Form
20-F ☒ Form
40-F ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7): ☐
Extension Amendment to Intelsat Jackson Holdings S.A.s Senior Secured Credit Agreement
On December 14, 2017, Intelsat S.A.s (the Company) indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A. (Intelsat
Jackson), obtained the requisite lender approval for an amendment to its senior secured credit agreement which governs its approximately $3.1 billion senior secured term loan facility (the Term Loans). The Company expects to
close the amendment during the week of January 1, 2018, subject to customary closing conditions. The amendment is expected to (a) extend the maturity of the existing Tranche
B-2
Term Loans through a
refinancing of the Tranche
B-2
Term Loans with new incremental floating rate term loans (the Floating Rate Loans) and new incremental fixed rate term loans (the Fixed Rate Loans) and
(b) effect certain other related amendments to the senior secured credit agreement. The Floating Rate Loans are expected to have an applicable interest rate margin of 4.5% for London InterBank Offering Rate loans and 3.5% for base rate loans.
The Fixed Rate Loans are expected to have an interest rate of 6.625%. The Floating Rate Loans and Fixed Rate Loans are subject to a make-whole premium prior to the date that is two years and six months following the closing date of the amendment and
prepayment premiums thereafter.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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INTELSAT S.A.
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Date: December 15, 2017
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By:
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/s/ Jacques Kerrest
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Name:
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Jacques Kerrest
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Title:
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Executive Vice President & Chief Financial Officer
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