DBS Bank is the sole coordinator, bookrunner and lead manager in relation to the Series 002 Notes.
The notes will be registered in denomination of US$200,000 each, and shall mature on Apr 28, 2028. It is expected to be issued on Apr 28, 2025.
The net proceeds from the issue of the notes will be used for refinancing of existing borrowings.
Shares in SATS closed 3 cents higher or 1.124% up at $2.70 on Apr 16.
