secwatch / observer
8-K filed July 6, 2023, 7:59 PM ET ticker LBTYA CIK 0001570585
debt confidence high sentiment neutral materiality 0.30

Liberty Global Ltd. (LBTYA): debt financing — Telenet amends credit agreement, adds €90M revolver, shifts to SOFR/SONIA benchmarks

Liberty Global Ltd.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Liberty Global Ltd. amended credit facility of increase the total commitments under the Revolving Facility by €90,000,000 ($98.3 million as at the June 30, 2023 exchan with The Bank of Nova Scotia maturing Revolving Facility A (which has a final maturity date of May 31, 2026) and Revolving Facility B (which has a final maturity date of May 31, 2029).

Instrument
credit facility
Principal
increase the total commitments under the Revolving Facility by €90,000,000 ($98.3 million as at the June 30, 2023 exchan
Counterparty
The Bank of Nova Scotia
Maturity
Revolving Facility A (which has a final maturity date of May 31, 2026) and Revolving Facility B (which has a final maturity date of May 31, 2029)
Event
amendment
Exact text from the filing
On June 30, 2023, the Company, the Facility Agent, the Security Agent, the financial institutions named therein as Existing Revolving Facility Lenders, the financial institutions named therein as Acceding Revolving Facility Lenders and the companies named therein as Obligors, among others, entered into a supplemental agreement (the " Supplemental Agreement ") to amend and restate the Credit Agreement (the Credit Agreement, as amended and restated by the Supplemental Agreement, the " Amended and Restated Credit Agreement ") to, among other things: • replace LIBOR with (i) the Term SOFR reference rate administered by CME Group Benchmark Administration Limited for the calculation of interest for U.S. dollar denominated loans under the Credit Agreement and (ii) SONIA reference rate for the calculation of interest for Sterling denominated loans under the Credit Agreement; • confirm that fixed rate advances under certain existing additional facilities shall remain on their applicable fixed r
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Liberty Global Ltd. filing history →

Source: SEC EDGAR
accession 0001570585-23-000301
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