Telesat to receive $1.44 billion through Government of Canada investment, a major milestone towards completing the financing of Telesat Lightspeed

Telesat, one of the world’s largest and most innovative satellite operators, announced today that it expects to receive a $1.44 billion investment from the Government of Canada to support Telesat Lightspeed, the world’s most advanced Low Earth Orbit (LEO) satellite network. This investment will drive economic growth and innovation in Canada and help ensure affordable broadband Internet and LTE/5G connectivity for all Canadians.

Telesat Second Quarter 2021 Conference Call

Telesat has scheduled a conference call on Friday, August 13, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month and six-month periods ended June 30, 2021. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat Reports Results for the Quarter Ended March 31, 2021

OTTAWA, CANADA, May 14, 2021 – Telesat today announced its financial results for the three-month period ended March 31, 2021. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.

Telesat First Quarter 2021 Conference Call

Telesat has scheduled a conference call on Friday, May 14, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month period ended March 31, 2021. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat.

Telesat Announces Closing of Its Secured Notes Offering, Proceeds to be Invested in Telesat Lightspeed

OTTAWA, CANADA, April 27, 2021 – Telesat Canada (“Telesat”) today announced the issuance of US$500 million in aggregate principal amount of 5.625% senior secured notes due 2026 (the “Senior Secured Notes”), which will mature on December 6, 2026, pursuant to an indenture, dated as of April 27, 2021, by and among Telesat and Telesat LLC, as co-issuer, the guarantors named therein, and The Bank of New York Mellon, as trustee and notes collateral agent and the other collateral agents party thereto (the “Offering”).

Telesat Canada Announces Pricing of Secured Notes Offering

OTTAWA, CANADA, April 13, 2021 – Telesat Canada (“Telesat”) today announced the pricing of an offering (the “Offering”) of US$500 million aggregate principal amount of 5.625% senior secured notes due 2026 (the “Senior Secured Notes”) by Telesat and Telesat LLC. The Senior Secured Notes will be secured by a first priority lien on the collateral that secures Telesat’s existing credit agreement and existing 4.875% senior secured notes due 2027. The Senior Secured Notes are expected to be issued on or around April 27, 2021, subject to customary closing conditions.

Telesat Canada Announces Proposed Secured Notes Offering

OTTAWA, CANADA, April 13, 2021 – Telesat Canada (“Telesat”) today announced that, together with Telesat LLC, as co-issuer, it intends to issue US$500 million of senior secured notes due 2026 (the “Senior Secured Notes”) secured by a first priority lien on the collateral that secures Telesat’s existing credit agreement and existing 4.875% senior secured notes due 2027.

Fourth Quarter 2020 Conference Call

OTTAWA, CANADA, February 25, 2021 – Telesat has scheduled a conference call on Thursday, March 4, 2021, at 10:30 a.m. ET to discuss its financial results for the three month […]