EP Energy announces tender for €41.5 million 5 7/8% notes due 2019

Chicago, March 11 – Czech Republic’s EP Energy has announced an offer to purchase €41,503,059 aggregate principal amount of its €498.65 million 5 7/8% senior secured notes due 2019.

The tender offer is a collateral sale offer. The notes are being repurchased at par plus any accrued interest.

The offer is funded from proceeds from the sale of 100% of the shares Plzenska energetika as to its parent company, EP Infrastructure, as. Interest on the notes will be paid from cash on hand and an existing revolving credit facility.

If the total amount of notes surrendered in the offer exceeds the tender amount offered, the asset sale amount will be allocated among the notes on a pro rata basis.

The offer will expire at noon ET on April 8.

Citigroup Global Markets Ltd. (+44 20 7986 8969, liabilitymanagement.europe@citi.com) is the dealer manager. The tender agent is Citibank, NA (+44 20 7508 3867, citiexchanges@citi.com).

EP Energy is an integrated electric utility.

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