Eutelsat is the second satellite operator to list on Euronext, and comes after the May 2004 debut of Luxembourg-based SES Global. Two of the world’s top three satellite operators1 are now listed on Euronext.
In listing, the company placed 71.67 million shares on the market to raise a total of EUR 860 million. At EUR 12 per share, this sets its market capitalization at EUR 2.6 billion.
The transaction is the fourth largest of the 62 listings on all Euronext markets since the beginning of the year. Together these raised nearly EUR 16.5 billion, and represent an additional EUR 102 billion in market capitalization.
Eutelsat Communications is one of Europe’s leading satellite operators, with 23 satellites in geostationary orbit providing television services for the public and business users, data exchange for business networks, and a range of value-added services. It ranks number one in Greater Europe, an area that covers the continent itself, the Mideast, Russia, Central Asia and North Africa, and no. 3 worldwide behind SES Global and Intelsat.
ISIN code: FR0010221234