Tuesday, June 19, 2007

UPDATE 1-BC Partners to buy Intelsat in $5 bln deal

(Reuters) - Including Intelsat's $11.4 billion of debt, the implied
enterprise value is $16.4 billion. As part of the acquisition
financing, the company will take on another $3.85 billion of
debt at closing.




The deal is the largest in BC Partners' history and its
first acquisition of a company with a U.S. headquarters. It
recently opened a small office in New York.


Read more at Reuters.com Bonds News

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