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Published on 8/19/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Arqiva Broadcast calls all £625 million 6¾% notes due 2023 at par

By Marisa Wong

Los Angeles, Aug. 19 – Arqiva Broadcast Finance plc gave notice that it intends to fully redeem its £625 million 6¾% notes due September 2023 (ISIN: XS1879638697) guaranteed by Arqiva Financing No 2 Ltd.

The outstanding notes will be redeemed on Sept. 30 at par plus accrued interest to the redemption date, according to a notice Friday.

The redemption is being made in connection with Arqiva Financing entering into a committed facility agreement with Banco Santander, SA, London Branch for a £450 million term facility.

Holders may direct their questions to Darius Zemrieta, treasurer of Arqiva Broadcast (darius.zemrieta@arqiva.com).

The issuer is a Winchester, U.K.-based provider of broadcast infrastructure.


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