By Laura Contemori – ROME (Econostream) – Luxembourg’s communications satellite operator SES on Tuesday priced a €500 million senior unsecured bond.

The bond carries a 5.625% fixed annual coupon and will mature on April 6, 2031.

The bond was priced at mid-swaps plus 210bp and reoffered at a price of 99.667, for a yield of 5.721%.

Settlement is scheduled for October 6, 2026.

BNP Paribas, ING, LBBW and Mizuho acted as joint global coordinators.

BNP Paribas, Commerzbank, Goldman Sachs International, ING, IMI-Intesa Sanpaolo, KBC, LBBW and Mizuho acted as joint bookrunners.

The deal was executed at 14:51 UK time (15:51 CET).