SATS Subsidiary WFS prices US$100m notes due 2030

Part of SATS’ US$3b multicurrency debt issuance programme.

SATS Ltd. announced that its wholly-owned subsidiary, World Flight Services, Inc. (WFS), has priced US$100m of 4.648% fixed-rate notes due 23 June 2030.

The notes are issued under SATS’ US$3b multicurrency debt issuance programme, which was established on 17 November 2023 and updated on 30 September 2024. The notes, designated as Series 003, will be issued on 23 June 2025 and are unconditionally guaranteed by SATS.

MUFG Securities EMEA plc is the sole coordinator for the offering.

The notes will be issued in denominations of US$200,000, pay interest semi-annually, and rank equally with WFS’s other unsecured obligations. Proceeds will be used to refinance existing debt, with no increase in the Group’s overall debt.

The notes are offered in Singapore under exemptions in the Securities and Futures Act 2001.

This announcement is not an offer to sell or a solicitation to buy any securities.