TalkTalk Telecom Group Limited
(the “Issuer”)
Refinancing Update: Completion of Refinancing
Further to announcements on 12th August, 2nd and 16th September, and 15th November, the latter of which the Issuer announced that the refinancing was proceeding to completion, the Issuer is now pleased to announce that it has settled the Exchange Offer and Consent Solicitation that it launched on 15th November and that the refinancing has now completed as of 19th December.
Following the above settlement and the subsequent redemption of the Existing Notes (ISIN: XS2121167345; Common Code: 212116734), the Issuer is pleased to announce the issuance of the following new global notes: (i) the 8.250% senior secured first lien notes due 1st September 2027, comprising Regulation S Global Notes (ISIN: XS2965670198; Common Code: 296567019) and/or Institutional Accredited Investor Global Notes (ISIN: XS2966240041; Common Code: 296624004); and (ii) the 11.750% senior secured second lien notes due 1st March 2028, comprising Regulation S Global Notes (ISIN: XS2966239621; Common Code: 296623962) and/or Institutional Accredited Investor Global Notes (ISIN: XS2966240397; Common Code: 296624039).
All enquiries in relation to this announcement should be addressed to:
CAREY OLSEN CORPORATE FINANCE LIMITED
Listing Agent
Tel: (0)1534 888 900