Kabel Deutschland Holding AG: Kabel Deutschland plans to raise US$500 million to refinance existing debt

Kabel Deutschland Holding AG  / Key word(s): Capital Reorganisation

17.01.2012 08:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Kabel Deutschland Holding AG, Unterfoehring, announces today to raise
US$500
million of new senior secured floating rate loans (the 'New Loan') with a
maturity of February 2019. The New Loan will be issued as a tranche under
the existing Senior Credit Facilities. The proceeds will be used to redeem
portions of the existing TLA maturing in March 2012, TLC maturing in March
2013, TLA1, TLA2 and TLC1 maturing in March 2014.

The Bookrunning Mandated Lead Arrangers of the New Loan are Goldman Sachs,
BNP Paribas, Deutsche Bank and The Royal Bank of Scotland plc.


17.01.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Kabel Deutschland Holding AG
              Betastraße 6-8
              85774 Unterföhring
              Germany
Phone:        +49 (0)89 960 100
Fax:          +49 (0)89 960 10 888
E-mail:       presse@kabeldeutschland.de
Internet:     www.kabeldeutschland.com
ISIN:         DE000KD88880
WKN:          KD8888
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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