UPCB Finance IV redeems all original 5 3/8% notes due 2025

By Wendy Van Sickle

Columbus, Ohio, Feb. 13 – UPCB Finance IV Ltd. redeemed all of the original principal amount of its 5 3/8% senior secured notes due 2025 (Cusips: G9300MAA0, 90320MAA3), according to a filing with the London Stock Exchange.

The issuer originally issued $800 million of the notes in April 2015 and, later, $340 million of additional notes.

The notes were redeemed on Feb. 13 at 102.688 plus additional amounts as called for by their indenture.

UPC is a special purpose finance vehicle that operates as a subsidiary of Schiphol-Rijk, the Netherlands-based UPC Holding BV, a provider of video, broadband internet and fixed-line telephone services in Europe and Chile.

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