Advanced Television

BC finalises $16.5bn Intelsat deal

February 5, 2008

BC Partners is set to announce the completion of its $16.5 billion purchase of Intelsat, the world's biggest satellite operator. The UK-based private equity firm has agreed to make concessions on the structure and terms of its $15 billion debt package to hold together its syndicate of main banks – Credit Suisse, Bank of America and Morgan Stanley.

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