5. Februar 2010

Kabel Deutschland beendet den Amend- und Extend-Prozess erfolgreich

Beachten Sie: Die vollständige Fassung dieser Mitteilung ist nur in englischer Sprache verfügbar

  • Strong approval by lenders to the requested amendments giving the Company more flexibility
  • Significant take-up by lenders of the opportunity to extend maturity, leading to approximately €1.45 billion of the Term Loan A and Term Loan C being extended to 2014

Kabel Deutschland (“KDG”) has formally ended its amend and extend process with strong support from lenders. KDG requested the amendment of certain terms of its existing senior secured credit facilities to increase KDG’s flexibility for potential acquisitions and to reduce restrictions on new borrowings for the refinancing of existing senior secured debt. KDG also asked lenders to extend existing term debt maturities to March 2014.

At closing, 97.4% of lenders had consented to the amendments, with lenders representing a total of approximately €1.45 billion requesting to roll their exposure.  KDG will therefore roll €949.2 million of Term Loan A and €496.5 million of Term Loan C to a maturity of March 31, 2014.

Über Kabel Deutschland
Als größter Kabelnetzbetreiber in Deutschland bietet Kabel Deutschland (KDG) ihren Kunden analoges und digitales Fernsehen, Breitband-Internet und Telefonie über das TV-Kabel sowie über einen Partner Mobilfunk-Dienste an. Das Unternehmen betreibt die Kabelnetze in 13 Bundesländern in Deutschland und versorgt rund 8,9 Millionen angeschlossene Haushalte. Kabel Deutschland bietet eine für alle Programmanbieter offene Plattform für digitales Fernsehen.

Kontakt:

Investor Relations
Betastr. 6-8
85774 Unterfoehring
Germany

+49 89 / 960 10 -184
insa.calsow(at)kabeldeutschland.de

+49 89 / 960 10 -187
elmar.baur(at)kabeldeutschland.de

+49 89 / 960 10 -186
astrid adamietz(at)kabeldeutschland.de

This Investor Relations Release contains forward looking statements within the meaning of the U.S. federal securities laws regarding, among other things, the completion of the Exchange Offer. You can identify these statements by the fact that they use words such as “anticipate”, “estimate”, “project”, “intend”, “plan”, “believe” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or events. Factors that could affect whether the Exchange Offer is completed include, among other things, the risk that the conditions to the Exchange Offer are not satisfied. A further list and description of risks, uncertainties and other matters can be found in the prospectus for the Exchange Offer. We assume no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Investors and security holders are urged to read our quarterly report available on our website because it will contain important information. We disclaim any obligation to publicly update or revise any forward-looking information.

INFORMATION

10. Februar 2010

Kabel Deutschland wächst kontinuierlich ...

mehr

8. Februar 2010

KDG startet DOCSIS-3.0-Internet ...

mehr

5. Februar 2010

Kabel Deutschland beendet den Amend- und Extend-Pr ...

mehr

Kontakt

Sollten Sie weitere Fragen haben oder zusätzliche Informationen benötigen, kontaktieren Sie uns bitte hier

Produktinformationen

finden Sie unter www.kabeldeutschland.de