PRAGUE – Satellite fleet operator Intelsat on May 12 offered holders of three lines of its unsecured debt the chance to cash in for between $710 and $755 per $1,000 of principal, plus an early-bird premium of $20 expiring May 25, for a maximum of $625 million. The tender’s overall deadline is June 9.

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Peter B. de Selding was the Paris bureau chief for SpaceNews.