Diversified Telecommunication Services
Company Overview of Telesat Canada
Telesat Canada provides broadcast and enterprise services in Canada, the United States, and Brazil. It provides satellite transmission services to broadcasters, cable networks, and DTH service providers as a distribution platform for their services, delivering television programming, audio, and information channels directly to customers’ homes; for the transmission of television programming; and to broadcast of video news, sports, and live event coverage on a short-term basis enabling broadcasters to conduct on-the-scene transmissions using small, portable antennas. The company also offers end-to-end services, including installation and maintenance of the end user terminals, maintenance of t...
1601 Telesat Court
Ottawa, ON K1B 5P4
Founded in 1969
Key Executives for Telesat Canada
Chief Executive Officer and President
Chief Financial Officer and Treasurer
Vice President of Network Operations
Compensation as of Fiscal Year 2012.
Telesat Canada Key Developments
Telesat Canada and Telesat LLC Completes Redemption of Outstanding 12.5% Senior Subordinated Notes Due 2017
May 1 13
Telesat Holdings announced that its wholly-owned subsidiaries, Telesat Canada and Telesat LLC, have completed the redemption of all of their outstanding 12.5% Senior Subordinated Notes due 2017 issued under an indenture dated as of June 30, 2008. The total aggregate redemption price paid in respect of the $217.1 million principal amount of Senior Subordinated Notes that remained outstanding was approximately $230.7 million, including approximately $13.6 million in respect of the 6.25% call premium.
Telesat Holdings Inc., Telesat Canada and Telesat LLC Announce Execution of Previous Amendment to Existing Credit Agreement
Apr 2 13
On April 2, 2013, Telesat Holdings Inc. announced the execution of its previous amendment to its existing credit agreement, dated March 28, 2012, among its wholly-owned subsidiaries, Telesat Canada and Telesat LLC, as borrowers, JP Morgan Chase Bank, N.A., as administrative agent, and the other financial institutions party thereto. The amendment effectively re-prices the borrowers’ term loan B facility under the credit agreement, converts a portion of the term loan B facility from Canadian Dollars to U.S. Dollars, allows the borrowers to incur additional debt under the credit agreement. The borrowers have received the lender consents required under the credit agreement in connection with the execution of amendment. Giving effect to the amendment, the borrowers have approximately USD 1,746 million and approximately CND 140 million outstanding under the term loan B facilities.
Telesat Canada and Telesat LLC Announces Amendment to its Existing Credit Agreement
Apr 2 13
Telesat Holdings Inc. announced the execution of its previously announced amendment to its existing credit agreement, dated March 28, 2012, among its wholly-owned subsidiaries, Telesat Canada and Telesat LLC, as borrowers, JP Morgan Chase Bank, N.A., as administrative agent, and the other financial institutions party thereto. The amendment effectively re-prices the Borrowers' Term Loan B facility under the Credit Agreement, converts a portion of the Term Loan B facility from Canadian Dollars to U.S. Dollars, allows the Borrowers to incur additional debt under the Credit Agreement or otherwise if the first lien leverage ratio is less than or equal to 4.25:1.00 and makes certain other changes.
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