With this transaction, SES S.A. takes advantage of the attractive financing conditions and strong appetite from investors for corporate bonds, in particular in the longer-dated segment to extend its debt maturity profile. This transaction represents the longest-dated Eurobond issued by the company, and its return to the debt capital markets after its last public transaction in June 2009 when it placed a €650 million five-year bond.

The transaction was more than 4.5 times oversubscribed with orders from nearly 200 investors.  This warm reception allowed a placement of the bonds toward the highest quality investor base with asset managers representing 78% while insurers and pension funds took 8%. Investor interest was well spread across Europe with UK 35%, Germany 31% France 14% and RoE representing 20%. Finally, the bond was priced at the tight end of the price guidance.

Bank of America-Merrill Lynch, Barclays Capital, BNP Paribas, Commerzbank and Credit Suisse acted as joint bookrunners.