{
    "title": "Telenet Finance Luxembourg II S.A. announces completion of senior secured notes offering",
    "modified_at": "2010-11-16 18:46:00",
    "published_at": "2010-11-16 18:46:00",
    "url": "https://press.telenet.be/telenet-finance-luxembourg-ii-sa-announces-completion-of-senior-secured-notes-offering",
    "short_url": "http://prez.ly/Jxy",
    "culture": "en",
    "language": "EN",
    "slug": "telenet-finance-luxembourg-ii-sa-announces-completion-of-senior-secured-notes-offering",
    "body": "<p align=\"left\" class=\"hugin\"> &#9658; <b class=\"hugin\">Successful offering of Senior Secured Notes due 2016 of \u0080100 million, the top end of the initial range of \u008075-100 million; </b></p> <p class=\"hugin\" /> <p class=\"hugin\">&#9658; Annual interest of 5.30%. </p> <p class=\"hugin\"><b class=\"hugin\"></b></p> <p class=\"hugin\"><b class=\"hugin\">Luxembourg, November 16, 2010 </b></p> <p class=\"hugin\">Telenet Finance Luxembourg II S.A. (the \"Issuer\"), an independent financing company, announces that it has completed the offering of Senior Secured Notes due November 2016, with a denomination of \u008050,000 each (the \"Notes\"). The Notes will bear interest at 5.30% per year. As a result of high demand for these Notes, the offering was completed for a maximum of \u0080100 million, which is the top end of the initial range of \u008075-100 million. </p> <p class=\"hugin\">The Issuer, which is independent from the Telenet group of companies, will lend the gross proceeds of the Notes to Telenet International Finance S.\u00e0 r.l., a subsidiary of Telenet NV, under an additional tranche under the Telenet group's existing credit facility (the \"Senior Credit Facility\"). The Notes will be secured by a first-ranking security interest over all the shares of the Issuer and a first-ranking security interest over the Issuer's rights as a lender under the Senior Credit Facility. The Notes are obligations of the Issuer alone and not of - or guaranteed in any way by Telenet Group Holding NV, Telenet NV or any of their subsidiaries or affiliates. </p> <p class=\"hugin\">Press release in attachment. </p>",
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    "tags": [
        "French",
        "1",
        "Dutch",
        "English",
        "ImportH"
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    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
    },
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