New Issue - Telesat adds $200 mln in notes

Wed Oct 24, 2012 5:02pm EDT
 
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Oct 24 (Reuters) - Telesat Canada and Telesat
LLC on Wednesday added $200 million of senior notes to an
existing issue , said IFR, a Thomson Reuters service. 
    The sale took place in the 144a private placement market.
    J.P Morgan, Credit Suisse and Morgan Stanley were the joint
bookrunning managers for the sale.

BORROWER: TELESAT

AMT $200 MLN    COUPON 6 PCT       MATURITY    05/15/2017   
TYPE SR NTS     ISS PRICE 103.5    FIRST PAY   11/15/2012 
MOODY'S B3      YIELD 4.911 PCT    SETTLEMENT  10/29/2012   
S&P B-MINUS     SPREAD 439 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS