Ziggo: EUR750 mln 6? % 2017 obligatie wordt 4 maart afgelost tegen 103,063%
(MORE TO FOLLOW) Dow Jones Newswires
ZIGGO FINANCE B.V. hereby gives irrevocable notice to the holders of its €750,000,000 6?% Senior Secured Notes due 2017 (the “Notes”) of the redemption of all of the aggregate principal amount of the outstanding Notes in accordance with Article 3 of the indenture dated as of October 29, 2010 among Ziggo Finance B.V., as issuer (the “Issuer”), Deutsche Trustee Company Limited, as security trustee, Deutsche Bank AG, London Branch, as trustee (“Trustee”) and principal paying agent, and Deutsche Bank Luxembourg S.A., as registrar, Luxembourg paying and transfer agent, and Luxembourg listing agent (the “Indenture”) and paragraph 5(d) of the Notes. Capitalized terms used herein and not otherwise defined have the meanings given to them in the Indenture, as applicable.
The terms and conditions of redemption are as follows:
1. The redemption date for the Notes will be March 4, 2014 (the “Redemption Date”) and the record date for the Notes will be March 3, 2014 (the “Record Date”).
2. The Redemption Price for the Notes will be 103.063% of the principal amount of the Notes outstanding, amounting to €772,972,500.00, plus accrued and unpaid interest to the Redemption Date of €17,736,979.50. The total amount payable on the Redemption Date will be €790,709,479.50.
3. The Paying Agent is Deutsche Bank AG, London Branch, Winchester House, 1 Great Winchester Street, London EC2N 2DB.
4. The Notes must be presented and surrendered to the Paying Agent to collect the applicable redemption price set forth under paragraph 2 above.
5. Unless the Issuer defaults in making the redemption payment, interest on the Notes ceases to accrue on and after the Redemption Date.
6. The Notes being called for redemption are being redeemed pursuant to Section 3.07(d) of the Indenture and paragraph 5(d) of the Notes.
7. No representation is made by the Issuer as to the correctness or accuracy of the ISIN or Common Code numbers listed in this notice or printed on the Notes.