Cable Communications Systems: Optional Redemption of Notes and Satisfaction of the Financing Condition
CABLE COMMUNICATIONS SYSTEMS N.V. (the “Issuer ”)
EUR 450,000,000 7.50% Senior Secured Notes due 2020 (the “Notes ”)
ISIN: XS0954673777 (Regulation S) and XS0954673694 (Rule 144A)
Common Code: 095467377 (Regulation S) and 095467369 (Rule 144A)
RE: Optional Redemption of Notes and satisfaction of the Financing Condition
Reference is made to Amended Notice of Conditional Redemption dated 11 October 2016
The Financing Condition, as defined in paragraph 7 of the Amended Notice of Conditional Redemption (available at http://www.ise.ie/app/announcementDetails.aspx?ID=12997109 and http://www.rns-pdf.londonstockexchange.com/rns/2565M_-2016-10-11.pdf ) has been met by the issuance on 26 October 2016 of EUR 350 million 5.0% new Senior Secured Notes due 2023 and the drawdown by the Company (the Issuer’s subsidiary) of RON600.0 million (EUR132.7 million equivalent as at 30 June 2016) under a senior facilities agreement dated 7 October 2016, concluded between the Issuer, as original guarantor and the Company, as borrower, and, among others, BRD-Groupe Société Générale S.A., Citibank, N.A., London Branch, ING Bank N.V. and UniCredit Bank S.A., as mandated lead arrangers and Citibank Europe plc., UK Branch, as facility agent.
The Issuer hereby confirms the satisfaction of the Financing Condition. The Notes will be redeemed on 9 November 2016, in accordance with paragraph 3(d) of the Notes and Section 3.07(d) of the Indenture.
Terms used but not defined herein have the meanings ascribed to them in the Indenture. Any questions regarding this communication should be directed to the Issuer at:
Cable Communications Systems N.V.
(1043 BW) Amsterdam
Naritaweg 165, Telestone 8
Issued by: Cable Communications Systems N.V.
Dated: 27 October 2016
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
IBC23.2.2018 12:05 | pressemeddelelse
IBC2018 Welcomes Channel 4’s Keith Underwood as Guest Chair of Content Steering Group
SES-S.A.23.2.2018 08:02 | pressemeddelelse
SES S.A.: Full Year and Fourth Quarter 2017 Results
LION/GEM-LUXEMBOURG-323.2.2018 08:02 | pressemeddelelse
Lion/Gem Luxembourg 3 S.a.r.l. Announce First Quarter Results for FY 2018
ABB23.2.2018 07:01 | pressemeddelelse
ABB Publishes 2017 Annual Report
CA-GILEAD-SCIENCES22.2.2018 23:02 | pressemeddelelse
Gilead Sciences Announces Senior Management Change
NY-TRUMP-HOTEL-GROUP22.2.2018 20:23 | pressemeddelelse
Trump International Hotel Washington, D.C. Announced as First Forbes Five Star Hotel in Downtown Washington, D.C.
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum