The rights shares, offered $2.20 each, is a discount of 16% to the TERP, or theoretical ex-rights price.
Sats is tapping shareholders for to raise $798.8 million via a rights issue to help fund the $1.82 billion acquisition of Worldwide Flight Services.
Entitled shareholders will be allotted rights to subscribe for 323 rights shares for every 1,000 existing shares held as at March 2.
