{
    "title": "Telenet Finance Luxembourg S.C.A. announces launch of senior secured notes offering",
    "modified_at": "2010-10-28 10:16:22",
    "published_at": "2010-10-28 10:16:22",
    "url": "https://press.telenet.be/telenet-finance-luxembourg-sca-announces-launch-of-senior-secured-notes-offering",
    "short_url": "http://prez.ly/Uxy",
    "culture": "en",
    "language": "EN",
    "slug": "telenet-finance-luxembourg-sca-announces-launch-of-senior-secured-notes-offering",
    "body": "<p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\"><b class=\"hugin\">&#9658;</b><b class=\"hugin\"> </b><b class=\"hugin\">Launch of \u0080350 million Senior Secured Notes due 2020</b></p> <p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\"><b class=\"hugin\"> </b></p> <p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\"><b class=\"hugin\"> </b></p> <p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\"><b class=\"hugin\">Luxembourg, October 28, 2010</b> Telenet Finance Luxembourg S.C.A. (the \"Issuer\"), an independent financing company, announces the offer of \u0080350 million senior secured notes due 2020 (the \"Notes\") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, (the \"Securities Act\") and outside the United States to certain non-U.S. persons pursuant to Regulation S under the Securities Act.</p> <p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\"> </p> <p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\">The Issuer, who is independent from the Telenet group of companies, will lend the gross proceeds of the Notes to Telenet International Finance S.A., 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 of the capital stock and bank account 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 align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\"> </p> <p align=\"justify\" class=\"hugin\" style=\"margin-top: 0cm; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm\">Press release in attachment. </p>",
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    "tags": [
        "French",
        "Investor Relations",
        "1",
        "Dutch",
        "English",
        "ImportH"
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    "author": {
        "first_name": "Isabelle",
        "last_name": "Geeraerts"
    },
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