Filing Details

Accession Number:
0001193125-20-033230
Form Type:
13G Filing
Publication Date:
2020-02-12 16:15:08
Filed By:
Silver Lake Partners Iii Lp
Company:
Intelsat S.a. (NYSE:INTEQ)
Filing Date:
2020-02-12
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
SLP III Investment Holding S. r.l 0 6,736,790 0 6,736,790 6,736,790 4.8%
Silver Lake Partners III 0 6,736,790 0 6,736,790 6,736,790 4.8%
Silver Lake Technology Investors III 0 6,736,790 0 6,736,790 6,736,790 4.8%
Silver Lake Technology Associates III 0 6,736,790 0 6,736,790 6,736,790 4.8%
SLTA III (GP) 0 6,736,790 0 6,736,790 6,736,790 4.8%
Silver Lake Group 277,780 6,736,790 277,780 6,736,790 7,014,570 4.97%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

 

 

Intelsat S.A.

(Name of Issuer)

 

 

Common Shares

(Title of Class of Securities)

L5140P 101

(CUSIP Number)

December 31, 2019

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. L5140P 101    SCHEDULE 13G    Page 2 of 13

 

  1   

NAME OF REPORTING PERSON

 

SLP III Investment Holding S.à r.l.

 

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4        

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Luxembourg

NUMBER OF

SHARES

  BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     5    

SOLE VOTING POWER

 

0

     6   

SHARED VOTING POWER

 

6,736,790

     7   

SOLE DISPOSITIVE POWER

 

0

     8         

SHARED DISPOSITIVE POWER

 

6,736,790

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,736,790

  10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

    

  11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.8%

  12      

TYPE OF REPORTING PERSON

 

OO


CUSIP No. L5140P 101    SCHEDULE 13G    Page 3 of 13

 

  1   

NAME OF REPORTING PERSON

 

Silver Lake Partners III, L.P.

 

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4        

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

  BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     5    

SOLE VOTING POWER

 

0

     6   

SHARED VOTING POWER

 

6,736,790

     7   

SOLE DISPOSITIVE POWER

 

0

     8         

SHARED DISPOSITIVE POWER

 

6,736,790

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,736,790

  10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

    

  11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.8%

  12      

TYPE OF REPORTING PERSON

 

PN


CUSIP No. L5140P 101    SCHEDULE 13G    Page 4 of 13

 

  1   

NAME OF REPORTING PERSON

 

Silver Lake Technology Investors III, L.P.

 

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4        

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

  BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     5    

SOLE VOTING POWER

 

0

     6   

SHARED VOTING POWER

 

6,736,790

     7   

SOLE DISPOSITIVE POWER

 

0

     8         

SHARED DISPOSITIVE POWER

 

6,736,790

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,736,790

  10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

    

  11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.8%

  12      

TYPE OF REPORTING PERSON

 

PN


CUSIP No. L5140P 101    SCHEDULE 13G    Page 5 of 13

 

  1   

NAME OF REPORTING PERSON

 

Silver Lake Technology Associates III, L.P.

 

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4        

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

  BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     5    

SOLE VOTING POWER

 

0

     6   

SHARED VOTING POWER

 

6,736,790

     7   

SOLE DISPOSITIVE POWER

 

0

     8         

SHARED DISPOSITIVE POWER

 

6,736,790

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,736,790

  10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

    

  11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.8%

  12      

TYPE OF REPORTING PERSON

 

PN


CUSIP No. L5140P 101    SCHEDULE 13G    Page 6 of 13

 

  1   

NAME OF REPORTING PERSON

 

SLTA III (GP), L.L.C.

 

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4        

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

  BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     5    

SOLE VOTING POWER

 

0

     6   

SHARED VOTING POWER

 

6,736,790

     7   

SOLE DISPOSITIVE POWER

 

0

     8         

SHARED DISPOSITIVE POWER

 

6,736,790

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,736,790

  10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

    

  11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.8%

  12      

TYPE OF REPORTING PERSON

 

OO


CUSIP No. L5140P 101    SCHEDULE 13G    Page 7 of 13

 

  1   

NAME OF REPORTING PERSON

 

Silver Lake Group, L.L.C.

 

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☐        (b)  ☐

 

  3  

SEC USE ONLY

 

  4        

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

  BENEFICIALLY    

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     5    

SOLE VOTING POWER

 

277,780

     6   

SHARED VOTING POWER

 

6,736,790

     7   

SOLE DISPOSITIVE POWER

 

277,780

     8         

SHARED DISPOSITIVE POWER

 

6,736,790

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,014,570

  10  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

    

  11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.97%

  12      

TYPE OF REPORTING PERSON

 

OO


CUSIP No. L5140P 101    SCHEDULE 13G    Page 8 of 13

 

Item 1(a).

Name of Issuer:

Intelsat S.A. (the Issuer)

 

Item 1(b).

Address of Issuers Principal Executive Offices:

4 rue Albert Borschette

Luxembourg, Grand-Duchy of Luxembourg

L-1246

 

Item 2(a).

Name of Person(s) Filing:

The persons filing this Schedule 13G are:

SLP III Investment Holding S.à r.l.,

Silver Lake Partners III, L.P.,

Silver Lake Technology Investors III, L.P.,

Silver Lake Technology Associates III, L.P.,

SLTA III (GP), L.L.C. and

Silver Lake Group, L.L.C. (each, a Reporting Person and, together, the Reporting Persons).

 

Item 2(b).

Address of Principal Business Office or, if none, Residence:

For purposes of this Schedule 13G, the address of the principal business office of the Reporting Persons is 2775 Sand Hill Road, Suite 100, Menlo Park, CA 94025.

 

Item 2(c).

Citizenship:

See row 4 of the cover pages to this Schedule 13G.

 

Item 2(d).

Title of Class of Securities:

This Schedule 13G relates to the Issuers common shares, nominal value $0.01 per share.

 

Item 2(e).

CUSIP Number:

L5140P 101


CUSIP No. L5140P 101    SCHEDULE 13G    Page 9 of 13

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

 

Item 4.

Ownership.

All ownership percentages assume that there are 141,000,000 common shares outstanding, based on the Issuers Report on Form 6-K filed with the Securities and Exchange Commission on October 29, 2019.

The common shares beneficially owned by each of the Reporting Persons include 6,736,790 common shares held of record by SLP III Investment Holding S.à r.l. The common shares beneficially owned by Silver Lake Group, L.L.C. also include 277,780 common shares it holds directly.

The common shares held of record by SLP III Investment Holding S.à r.l. are beneficially owned by its shareholders Silver Lake Partners III, L.P. (SLP) and Silver Lake Technology Investors III, L.P. (SLTI). Silver Lake Technology Associates III, L.P. (SLTA) serves as the general partner of each of SLP and SLTI and may be deemed to beneficially own the shares beneficially owned by SLP and SLTI. SLTA III (GP), L.L.C. (SLTA GP) serves as the general partner of SLTA and may be deemed to beneficially own the shares beneficially owned by SLP and SLTI. Silver Lake Group, L.L.C. (SLG) serves as the managing member of SLTA GP and may be deemed to beneficially own the shares beneficially owned by SLP and SLTI.

 

  (a)

Amount beneficially owned:

See row 9 of the cover sheet of each Reporting Person.

 

  (b)

Percent of class:

See row 11 of the cover sheet of each Reporting Person.

 

  (c)

Number of shares as to which the person has:

 

  (i)

Sole power to vote or to direct the vote:

 

   

See row 5 of the cover sheet of each Reporting Person.

 

  (ii)

Shared power to vote or direct the vote:

 

   

See row 6 of the cover sheet of each Reporting Person.

 

  (iii)

Sole power to dispose or to direct the disposition of:

 

   

See row 7 of the cover sheet of each Reporting Person.


CUSIP No. L5140P 101    SCHEDULE 13G    Page 10 of 13

 

  (iv)

Shared power to dispose or to direct the disposition of:

 

   

See row 8 of the cover sheet of each Reporting Person.

 

Item 5.

Ownership of More than Five Percent on Behalf of Another Person.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☒.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certification.

Not applicable.


CUSIP No. L5140P 101    SCHEDULE 13G    Page 11 of 13

 

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: February 12, 2020

 

SLP III INVESTMENT HOLDING S.A R.L.
By:  

/s/ Stefan Lambert

Name:   Stefan Lambert
Title:   Manager
By:  

/s/ Wolfgang Zettel

Name:   Wolfgang Zettel
Title:   Manager
SILVER LAKE PARTNERS III, L.P.
By:   Silver Lake Technology Associates III, L.P., its general partner
By:   SLTA III (GP), L.L.C., its general partner
By:   Silver Lake Group, L.L.C., its sole member
By:  

/s/ Andrew J. Schader

Name:   Andrew J. Schader
Title:   Managing Director and General Counsel
SILVER LAKE TECHNOLOGY INVESTORS III, L.P.
By:   Silver Lake Technology Associates III, L.P., its general partner
By:   SLTA III (GP), L.L.C., its general partner
By:   Silver Lake Group, L.L.C., its sole member
By:  

/s/ Andrew J. Schader

Name:   Andrew J. Schader
Title:   Managing Director and General Counsel

CUSIP No. L5140P 101    SCHEDULE 13G    Page 12 of 13

 

SILVER LAKE TECHNOLOGY
ASSOCIATES III, L.P.
By:   SLTA III (GP), L.L.C., its general partner
By:   Silver Lake Group, L.L.C., its sole member
By:  

/s/ Andrew J. Schader

Name:   Andrew J. Schader
Title:   Managing Director and General Counsel
SLTA III (GP), L.L.C.
By:   Silver Lake Group, L.L.C., its sole member
By:  

/s/ Andrew J. Schader

Name:   Andrew J. Schader
Title:   Managing Director and General Counsel
SILVER LAKE GROUP, L.L.C.
By:  

/s/ Andrew J. Schader

Name:   Andrew J. Schader
Title:   Managing Director and General Counsel

CUSIP No. L5140P 101    SCHEDULE 13G    Page 13 of 13

 

Exhibit Index

 

Exhibit 1.    Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (incorporated by reference to Exhibit 1 of Intelsat S.A.s Schedule 13G filed by the Reporting Persons, File No. 005-87961, filed on February 14, 2014).