October 7, 2020 – Eutelsat Communications today announced the successful issue by Eutelsat S.A., of 8-year senior unsecured bonds for a total of €600 million. Eutelsat has taken advantage of the current competitive market environment to raise long-term financing with an 8-year maturity on attractive terms. The transaction was well received by a diversified investor base, demonstrating the market’s confidence in Eutelsat’s long-term business model. The Bonds will be issued at 99.619 per cent and will be redeemed at 100 per cent of their principal amount at maturity. They will have a coupon of 1.500 per cent per annum and will be cleared through Euroclear France, Clearstream and Euroclear. An application will be made for the Bonds to be listed on the Official List, and admitted to trading on the regulated market, of the Luxembourg Stock Exchange. The Bonds will mature on 13 October 2028. Delivery and settlement are expected on 13 October 2020. The Bonds will be used to fully redeem the €500 million principal amount bonds issued in June 2016 at a fixed rate of 1.125 per cent per annum and due June 2021, as well as for general corporate purposes. The net proceeds of the Bonds will be temporarily invested in short-term, low-risk, liquid investments until they are used for their stated purpose. This transaction allows Eutelsat to extend its debt maturity profile at compelling conditions.