SES is trading 4.12% down at €4.28 for the September 28 session, with no clear catalyst confirmed.
- On September 28, SES announced a cash tender offer for up to a portion of its €500 million notes due in 2027, alongside a planned new-note issue.
- The company says the offer is intended to manage debt maturities; its announcement does not link it to the share-price decline.