Telesat Reports Results for the Quarter and Year Ended December 31, 2019
Telesat Fourth Quarter 2019 Conference Call
OTTAWA, CANADA, February, 20, 2020 – Telesat has scheduled a conference call on Thursday, February 27, 2020, at 10:30 a.m. ET to discuss its financial results for the three month and one-year periods ended December 31, 2019. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief […]
Andrew Browne Joins Telesat as Chief Financial Officer
OTTAWA, CANADA, December 12, 2019 – Telesat announced today that Andrew Browne, one of the industry’s most experienced executives, has been appointed the company’s Chief Financial Officer (CFO). Reporting to President and CEO, Dan Goldberg, Andrew will serve on Telesat’s Executive Management Team and be based in the company’s headquarters in Ottawa. Mr. Browne has […]
Telesat Canada Announces Closing of Its Secured Notes Offering and Credit Facility Refinancing Transaction
OTTAWA, CANADA, December 11, 2019 – On Friday, December 6, 2019, Telesat Canada (“Telesat”) issued US$400 million in aggregate principal amount of 4.875% senior secured notes due 2027 (the “Senior Secured Notes”), which will mature on June 1, 2027, pursuant to an indenture, dated as of December 6, 2019, by and among Telesat and Telesat […]
Telesat Canada Announces Proposed Notes Offering
OTTAWA, CANADA, September 26, 2019 – Telesat Canada (“Telesat”) today announced that, together with Telesat LLC, as co-issuer, it intends to issue US$500 million of senior notes due 2027 (the “Senior Notes”). Telesat intends to use the net proceeds from the proposed offering of Senior Notes, together with cash on hand, to redeem its US$500 million […]
Telesat Canada Announces Pricing of Notes Offering and Sizing of Senior Secured Credit Facilities
OTTAWA, CANADA, November 22, 2019 –Telesat Canada (“Telesat”) today announced the pricing of an offering of US$400 million aggregate principal amount of 4.875% senior secured notes due 2027 (the “Senior Secured Notes”) by Telesat and Telesat LLC. This represents a US$100 million decrease from the proposed offering size previously announced by Telesat, which is expected […]
Telesat Canada Announces Proposed Amendment to Existing Credit Agreement and Proposed Secured Notes Offering
OTTAWA, CANADA, November 18, 2019 – Telesat Canada (“Telesat”) today announced that it entered into discussions on November 15, 2019 to amend its existing credit agreement, dated March 28, 2012, among Telesat and Telesat LLC, as borrowers (the “Borrowers”), the guarantors party thereto, the lenders party thereto from time to time, JPMorgan Chase Bank, N.A., […]
Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2019
Telesat Third Quarter 2019 Conference Call
OTTAWA, CANADA, October 29, 2019. Telesat has scheduled a conference call on Tuesday, November 5, 2019, at 10:30 a.m. ET to discuss its financial results for the three and nine month periods ended September 30, 2019. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Michel Cayouette, Chief Financial […]
Telesat Canada Announces Closing of its Notes Offering
OTTAWA, CANADA, October 11, 2019 –Telesat Canada (“Telesat”) today issued US$550 million in aggregate principal amount of 6.500% senior notes due 2027 (the “Senior Notes”), which will mature on October 15, 2027, pursuant to an indenture, dated as of October 11, 2019, by and among Telesat and Telesat LLC, as co-issuer, the guarantors named therein, […]
