Europe SAS LMBO Form 3 Intelsat / Europe SAS LMBO ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

CIE Management II Ltd

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2020

3. Issuer Name and Ticker or Trading Symbol
Intelsat S.A. [ I ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	48,468,543	I	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

CIE Management II Ltd

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Serafina S.A.

(Last) (First) (Middle)

29, AVENUE DE LA PORTE NEUVE

(Street)

LUXEMBOURG N4 L-2227

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

LMBO Europe SAS

(Last) (First) (Middle)

58-60 AVENUE KLEBER

(Street)

PARIS I0 75116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-1

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-2

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-3

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-4

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-5

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-6

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BC European Capital VIII-7

(Last) (First) (Middle)

HERITAGE HALL, LE MARCHANT STREET

(Street)

ST. PETER PORT Y7 X0 GY1 4HY

(City) (State) (Zip)

Explanation of Responses:

1. As described in the Reporting Persons' Schedule 13G/A, filed with the U.S. Securities and Exchange Commission on February 14, 2019 with respect to the Issuer's common shares, the Reporting Persons may be deemed to have shared voting and investment power, and may be deemed to have shared beneficial ownership, with respect to the Issuer's common shares held by Serafina S.A. Each of the Reporting Persons, with the exception of CIE Management II Limited and LMBO Europe SAS, disclaims beneficial ownership with respect to any common shares of the Issuer owned by the other Reporting Persons.

Remarks:

*The persons listed on Exhibit 99.1 hereto (collectively, the "Reporting Persons") are filing a joint Form 3 report, but there are too many of them to file electronically on the same Form 3. Therefore, the Reporting Persons are executing and jointly filing five identical Form 3 reports with respect to the Issuer's securities. See Exhibit 99.1 filed herewith and incorporated herein by reference for information with respect to each of the Reporting Persons. This Form 3 is the first of five Form 3 reports mentioned above. EXHIBIT LIST Exhibit 24 - Power of Attorney for (i) Serafina S.A.; (ii) the limited partnerships comprising BC European Capital VIII - 1 to 12 (inclusive) and 14 to 34 (inclusive) and 37; (iii) the limited partnerships comprising BC European Capital VIII - 35 SC, 36 SC, 38 SC and 39 SC; (iv) BC European Capital - Intelsat Co-Investment; (v) BC European Capital - Intelsat Co-Investment 1; (vi) CIE Management II Limited; and (vii) LMBO Europe SAS. Exhibit 99.1 - Joint Filer Information

	/s/ Jason Schaefer as attorney-in-fact	02/04/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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