Europe confirms orders for IRIS2

SES announced the final results of its cash tender offer for €500M 0.875% Guaranteed Notes due 2027. The company accepted €363.4M in tenders, with payment expected on October 7, 2026. €136.6M in notes will remain outstanding. The offer was managed by BNP Paribas, ING, LBBW, and Mizuho.

SES priced a €500 million Eurobond with a 5.625% coupon, due 2031. Proceeds will fund general corporate purposes and refinance existing debt. The company is rated Ba1 (Moody’s) and BBB- (Fitch). Joint coordinators include BNP Paribas and Goldman Sachs.

SES, a space solutions company, has started building a new satellite manufacturing facility in Luxembourg. The 16,000m² facility, expected to open in 2028, will support the development of next-generation satellite networks and secure communications solutions, including SES’ meoSphere. The project aligns with Luxembourg’s efforts to build a Space Campus and strengthen its space sector.

SES has launched a cash tender offer for its €500M 0.875% Guaranteed Notes due 2027, inviting holders to tender their notes for purchase. The offer aims to manage the company's debt maturity profile and is subject to the issuance of new notes. The purchase price and accrued interest will be determined on 29 September 2026, with a maximum acceptance amount of up to €100M less the new notes issued.

SES S.A. launched a cash tender offer for its €500M 0.875% notes due 2027, with a purchase price based on a 20 bps spread. The offer aims to manage debt maturity and is subject to issuing new notes. Accepted notes will be canceled post-settlement.

SpaceX launched the final three satellites for SES's O3b mPower constellation, completing a decade-long project. The satellites will operate in medium Earth orbit, targeting enterprise-grade connectivity. This mission was SpaceX's 29th flight to orbit, with the Falcon 9 rocket successfully landing on a droneship. The O3b mPower constellation, consisting of 13 satellites, complements SpaceX's Starlink network, offering specialized services for commercial and government clients.