[Satellite TODAY 09-30-10] Intelsat has sold $1 billion of senior notes due 2020 at an issue price of 100 percent, Intelsat announced Sept. 30.
    The size of the sale, which began on Sept. 17, increased from an originally planned $900 million. Intelsat said that part of the net proceeds of the sale are expected to be contributed or loaned to Intelsat Jackson‘s indirect subsidiary, Intelsat Corp. to be used to purchase any and all of Intelsat Corp.’s outstanding $658.1 million aggregate principal amount of 9.25 percent senior notes due 2014 and any and all of Intelsat Corp.’s outstanding $125.0 million aggregate principal amount of 6.25 senior secured debentures due 2028.
    The remainder of the net proceeds from the offering are expected to be used for general corporate purposes, which could include the repayment, redemption, retirement or repurchase in the open market of other indebtedness of Intelsat S.A. or its subsidiaries.
    Separately, Intelsat Appointed Terry Bleakley Regional Vice President of Asia-Pacific Sales.
    Bleakley will lead Intelsat’s sales and marketing activities from the operator’s Singapore office and implement the company’s strategy for the Asia-Pacific region. He previously served as Vice President of Commercial Operations for Measat.