|
Quotes & Info
|
| LBTYA > SEC Filings for LBTYA > Form 8-K on 26-Jun-2009 | All Recent SEC Filings |
26-Jun-2009
Creation of a Direct Financial Obligation or an Obligation under an Off-Bala
Liberty Global, Inc. (Liberty Global) indirectly owns a controlling interest (50.6% as of March 31, 2009) in Telenet Group Holding NV (Telenet). Telenet, a consolidated subsidiary of Liberty Global, is a separate public company with shares listed on the Euronext Brussels Stock Exchange under the ticker symbol TNET. Telenet is a leading provider of cable television, high-speed Internet access and fixed and mobile telephony services in Belgium.
Pursuant to a supplemental agreement dated June 23, 2009, the €2.3 billion ($3.2 billion at the June 25, 2009 exchange rate) senior credit facility agreement, originally dated August 1, 2007, between Telenet Bidco NV (an indirect wholly-owned subsidiary of Telenet), as borrower, the lenders listed therein and Toronto Dominion (Texas) LLC, as facility agent (the "Telenet Facility") has been amended to split the undrawn term loan B2 facility, in an amount of €225.0 million ($313.7 million at the June 25, 2009 exchange rate) and available to be drawn up to June 30, 2009 (the "Initial B2 Facility"), into two separate facilities: (i) a term loan facility, in an amount of €135.0 million ($188.2 million at the June 25, 2009 exchange rate), available to be drawn up to and including June 30, 2010 (the "B2A Facility") and (ii) a term loan facility, in an amount of €90.0 million ($125.5 million at the June 25, 2009 exchange rate), available to be drawn up to and including June 30, 2009 (the "B2B Facility"). The borrower will draw the B2B Facility in full on June 29, 2009. The applicable terms and conditions of the B2A Facility and the B2B Facility are the same as the Initial B2 Facility with an applicable margin of 2.50% over EURIBOR.
(d) Exhibits.
Exhibit No. Name
4.1 €2,300,000,000 Credit Agreement, originally dated August 1, 2007, and
as amended and restated by supplemental agreements dated August 22,
2007, September 11, 2007, October 8, 2007 and June 23, 2009, among
Telenet Bidco NV as Borrower, Toronto Dominion (Texas) LLC as Facility
Agent, the parties listed therein as Original Guarantors, ABN AMRO Bank
N.V., BNP Paribas S.A. and J.P. Morgan PLC as Mandated Lead Arrangers,
KBC Bank NV as Security Agent and the financial institutions listed
therein as Initial Original Lenders (the Credit Agreement).
4.2 Supplemental agreement dated June 23, 2009 between Telenet Bidco NV and
Toronto Dominion (Texas) LLC as Facility Agent relating to the Credit
Agreement.
|
|
|