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, General Counsel and Secretary
Senior Vice President of Corporate & Business Development North America-Telesat Canada
Compensation as of Fiscal Year 2014.
Telesat Canada Key Developments
Telesat Holdings Inc., Telesat Interco Inc., Telesat Canada and Telesat LLC Announce Board Changes
Jul 3 14
Telesat Holdings Inc. announced that, effective July 2, 2014, Mr. Bezul Abuani has joined the Board of Directors of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and the Board of Managers of Telesat LLC. Mr. Abuani has not been named to any committees of those boards at this time. Mr. Abuani joined Public Sector Pension Investment Board as Vice President, Private Equity in March 2013. Effective July 2, 2014, Gordon J. Fyfe has stepped down as a director of Telesat Holdings Inc., Telesat Interco Inc. and Telesat Canada, and as a member of the Board of Managers of Telesat LLC.
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.
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