Intelsat calls all $400 million of its 5¼% senior notes due 2008

By Devika Patel

Knoxville, Tenn., Feb. 5 - Intelsat, Ltd. said it will redeem all of its $400 million outstanding 5¼% senior notes due 2008 on March 5.

The notes are being redeemed in connection with the closing of Intelsat's acquisition by BC Partners Holdings Ltd. and Silver Lake. The redemption price will be determined according to the notes' indenture, along with interest.

Intelsat is a fixed satellite services provider based in Pembroke, Bermuda.

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