LOGO
LOGO

GeoEye Closes $400 Mln Private Placement Of 9.625% Senior Secured Notes - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GeoEye, Inc. (GEOY) announced that it has closed its private placement offering of $400 million in aggregate principal amount of 9.625% senior secured notes due 2015. The notes were sold at a price equal to 97.262% of their face value, with an effective yield of 10.25%.

GeoEye also announced that it had received tenders and consents from the holders of $249.5 million in aggregate principal amount, or about 99.8%, of its outstanding $250 million senior secured floating rate notes due 2012 as of the expiration of its previously announced tender offer and consent solicitation. he Tender Offer expired on October 8.

The net proceeds of the notes offering were used to fund the repurchase of the 2012 Notes in the Tender Offer.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.