Liberty Global plc (NASDAQ:LBTYA) Files An 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a RegistrantItem 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Virgin Media Investment Holdings Limited (the “Company”) as borrower and guarantor, the other borrowers named therein as borrowers (the “Borrowers”) and the other guarantors named therein as guarantors (the “Guarantors”), The Bank of Nova Scotia as facility agent (the “Facility Agent”) and Deutsche Bank AG, London Branch as security trustee, among others, are parties to a Senior Facilities Agreement, originally dated June 7, 2013 and as amended and restated from time to time (the “Senior Facilities Agreement”). Each of the Company, the Borrowers and the Guarantors is an indirect wholly-owned subsidiary of Liberty Global plc.
On February 22, 2018, the Company and the Facility Agent entered into an amendment and restatement agreement (the “Amendment and Restatement Agreement”) to amend and restate the Senior Facilities Agreement (the Senior Facilities Agreement, as amended and restated by the Amendment and Restatement Agreement, the “Amended Senior Facilities Agreement”).
On February 22, 2018, the Amendment and Restatement Agreement amended and restated in full the Senior Facilities Agreement. Save as set out immediately below, all loans and commitments outstanding under the Senior Facilities Agreement continue to be outstanding under the Amended Senior Facilities Agreement.
to the Amended Senior Facilities Agreement, the loans and commitments under the original revolving facility immediately prior to February 22, 2018 have been split into two separate tranches; revolving facility A and revolving facility B. The final maturity date for the loans and commitments under revolving facility A has not been changed and is December 31, 2021. The final maturity date for the loans and commitments under revolving facility B is January 15, 2024. All other terms and conditions of the Amended Senior Facilities Agreement will continue to apply to both tranches equally.
The Amendment and Restatement Agreement and the Amended Senior Facilities Agreement are attached hereto as Exhibit 4.1 and are incorporated herein by reference. The foregoing description of the Amended Senior Facilities Agreement is not complete and is subject to and qualified in its entirety by reference to the full text thereof set forth in Exhibit 4.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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4.1 |
Amendment and Restatement Agreement dated February 22, 2018 between Virgin Media Investment Holdings Limited (for itself and as agent on behalf of the other obligors) and The Bank of Nova Scotia (as facility agent), and attached as a schedule thereto, a copy of the Senior Facilities Agreement, originally dated June 7, 2013, between, among others, Virgin Media Investment Holdings Limited as a borrower and a guarantor, The Bank of Nova Scotia as facility agent and Deutsche Bank AG, London Branch as security trustee as amended and restated by the Amendment and Restatement Agreement.
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Liberty Global plc ExhibitEX-4.1 2 exhibit41-vmseniorfaciliti.htm EXHIBIT 4.1 Exhibit EXHIBIT 4.1CONFORMED COPYTo:Virgin Media Investment Holdings Limited (the Company) for itself and as agent for each of the other Obligors party to the Existing Facilities Agreement (as defined below)22 February 2018Dear Sirs,…To view the full exhibit click here