Intelsat (Luxembourg) S.A.’s 11¼% Senior Notes due are referred to as the You should rely only on the information contained in this prospectus. Persons into whose possession this prospectus or any Series A preferred shares . all references in this prospectus to Intelsat Global Holdings S.A. and Intelsat. Intelsat S.A., the world’s leading provider of satellite services, today exemptions from registration, prospectus or like requirements under the.

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We earn revenue primarily by providing services over satellite transponder capacity to our customers. Accordingly, you should not place undue reliance on these estimates. As a result of the New Sponsors Acquisition Transactions, our depreciation and amortization costs have increased, principally due intrlsat depreciation costs we incurred on satellites and the amortization of intangible assets primarily due to increases in fair values as a result of purchase accounting.

This net difference between the fair value and par value of the debt is being amortized as an increase to interest expense over the remaining term of the related debt using the effective interest method.

We are subject to contractual restrictions that constrain our ability to price services according to market rates in ihtelsat limited circumstances. Our failure to maintain or obtain authorizations under the U.

Proslectus the low penetration of fixed-line telephone services in emerging markets and the introduction of smart phones and netbooks, Internet access in these markets may be primarily mobile.

Any refinancing of our debt could be at higher interest rates and may require us to comply with more onerous covenants, which could further restrict our business operations. The number prispectus common shares that will be outstanding after this offering also excludes prlspectus to 8, common shares up to 9, common shares if the underwriters in this offering of Series A preferred shares exercise their over-allotment option in fullin each case subject to anti-dilution, make-whole and other adjustments, that would be issuable upon conversion of Series A preferred shares issued in this offering.

Rapidly increasing bandwidth requirements resulting from the use of manned and unmanned aerial vehicles; and. The increase in interest expense was principally due to the following: Our cost of satellite construction includes an element of deferred consideration to satellite manufacturers referred to as satellite performance incentives.

New business, strong renewals, expansion of existing contracts and improved contract terms contributed to the overall favorable trends. If we ever need to pursue legal remedies against our customers or our business partners located outside of Luxembourg, the United States or the United Kingdom, it may be difficult for us to enforce our rights against them.

Our customers use our global network for a broad range of applications, from global distribution of content for media companies to providing the transmission prospcetus for unmanned aerial vehicles to enabling essential network backbones for telecommunications providers in high-growth emerging regions. Some other FSS operators have service mixes that are ;rospectus dependent on point-to-point connectivity than our current service mix.


Video neighborhoods, or capacity at orbital locations with a large number of consumer dishes or cable headend dishes pointed to them maximizing potential distribution of television programming; and. The master customer agreements and related service orders under which we sell services specify, among other things, the amount of satellite capacity to be provided, whether service will be non-preemptible or preemptible and the service term.

There are a limited number of companies that we are able to use to launch our satellites and a limited number of commercial satellite launch opportunities available in any given time period. A shrinking market could reduce the number and value of our customer contracts and would have a material adverse effect on our business and results of operations.

Intelsat Moves Forward with $800 Million Initial Public Offering

We believe that the IS satellite failure was most likely caused by a high current event in the battery circuitry triggered by an electrostatic discharge that propagated to cause the sudden failure of the high voltage power system. Risk Factors Relating to Our Business. These covenants are subject to a number of important limitations and exceptions. On January 19,Intelsat Sub Holdco amended its senior secured credit facility to change interest rates on the Term Loan B facilities.

Loss before income taxes. However, providers of satellite launch services, upon which we are reliant to place our satellites into orbit, locate their operations in countries including Kazakhstan and French Guiana. These forward-looking statements speak only as of their dates and are not guarantees of future performance or results and are subject to risks, uncertainties and other factors, many of which are outside of our control.

Satellites provide a number of advantages over terrestrial communications systems, including the following: Substantially all of the insurance proceeds were received in the first quarter of If financial market disruptions intensify, it may become difficult for us to raise additional capital or refinance debt when needed, on acceptable terms or at all. As a result, it may be difficult for investors to effect service of process on the non-U. Proliferation of formats results in increased bandwidth requirements as content owners seek to maximize distribution to multiple viewing audiences across multiple technologies.

The initial public offering price for our common shares and the offering price for our Series A preferred shares was determined by negotiations between us and the underwriters in the related offering and may not be indicative of prices that will prevail in the open market following such offerings.

Filed Pursuant to Rule (b)(4)

General economic conditions may also affect the ability of untelsat providers to provide launch services on commercially reasonable terms or to fulfill their obligations in terms of launch dates, pricing, or both. The results of coordination may adversely affect our use of satellites at particular orbital locations. Over value-added network operators use our IntelsatOne SM broadband hybrid infrastructure to deliver their regional and global services.


Net cash provided by operating activities. Pursuant to Luxembourg corporate law, existing shareholders are generally entitled to pre-emptive subscription rights in the event of capital increases and issues of shares of any class against cash contributions.

Launch failures result in significant delays in the deployment of satellites because of the need both to construct replacement satellites, which can take 24 months or longer, and to obtain other launch opportunities. We also perform satellite-related consulting and technical services for various third parties, such as operating satellites for other satellite owners. Table of Contents committee or nominating and corporate governance committee, and our board may thus not include, or include fewer, independent directors than would be required if we were subject to the NYSE rules applicable to most U.

In addition, certain launch vehicles that we have used or are scheduled to use have experienced launch failures in the past. Debt Transfer, Repayment and Redemptions. Any such arbitrage could, in turn, affect the market prices of our common shares and our Series A preferred shares.

Long-term disruptions in the capital and credit markets as a result of uncertainty due to the recent global recession, changing or increased regulation or failures of significant financial institutions could adversely affect our access to capital.

Throughout this prospectus, unless otherwise indicated, references untelsat market positions are based on third-party market research. Satellites are subject to certain risks related to failed launches. Based on the scale and global coverage of our network, our extensive customer relationships and our reputation for highly reliable services, we believe that we are the leading Prozpectus company in the world.

Luxembourg under number B Expanded capacity at our most valuable regional intesat distribution neighborhoods. The Issuer is a holding company with no independent operations or assets.

Intelsat Moves Forward with $ Million Initial Public Offering –

Following the offerings, our Sponsors will own a significant amount of our common shares and may have conflicts of interest with us in the future. Of the customers we categorize as telecommunications companies, our revenue from the top 25 in aggregate grew at a CAGR of 6. This event did not have a material impact on our operations or financial results. Our ability to acquire new satellites, launch new satellites or operate our satellites could also be negatively affected if our suppliers do not obtain required U.

Table of Contents interest rate in effect during the interest period plus basis points. Appropriate corrective actions were implemented on IS, which was successfully launched on October 5,and on IS, intelsst was successfully launched in October