SATS issues $200m in 5-year notes

Submitted By:  Staff Reporter Case Study:  No The notes have a fixed coupon rate of 2.88% per annum and are payable semi-annually. SATS issued $200m worth of five-year notes, according to an announcement. The notes, which will mature in 2025, have a fixed coupon rate of 2.88% per annum and payable semi-annually in arrear. Net proceeds will be used for refinancing of existing borrowings and general corporate purposes. read more