8th Jul 2005 16:11
Vodafone Group Plc08 July 2005 8 July 2005 UPDATE OF REFINANCING IN NEWLY ACQUIRED CZECH AND ROMANIAN SUBSIDIARIES Vodafone Group Plc today announces the completion of the bond redemption byOskar Mobil a.s ("Oskar") and the expiry of the bond tender and consentsolicitation by MobiFon Holdings B.V. ("MobiFon") launched on 6 June 2005. OSKAR Oskar redeemed : * 35% of outstanding notes at a price of €1,075 per €1,000 principal amount on 7 July 2005 using the proceeds of an equity issue from Oskar Holdings N.V.; and * 65% of outstanding notes at a price of €1,182.70 per €1,000 principal amount on 8 July 2005 using intra-group funding. Following settlement of these two redemption provisions, no Oskar Notes willremain outstanding. On 30 June 2005, Oskar also repaid the entire principal amount outstanding onthe CSK 6,606,000,000 and €40,000,000 Credit Facility dated 6 October 2004between Oskar, J.P. Morgan Limited and other financing banks, Oskar HoldingsN.V. and Oskar Finance B.V.. MOBIFON The tender offer by Mobifon for its 222,750,000 12.5% Notes due 2010 (the"Notes") expired on 6 July 2005. MobiFon has accepted for cancellation Notes in the following principal amounts: --------------------------------------------------------------------------------Description Description Principal Percentage of Principal amount Amount of Notes principal of Bonds accepted for amount of Notes outstanding cancellation accepted for (after cancellation cancellation of Bonds accepted by MobiFon) --------------------------------------------------------------------------------12.5% Notes CUSIP: $16,170,000 7.26% $206,580,000 due 2010 607054AB9 ISIN: US607054AB95 -------------------------------------------------------------------------------- For further information: Vodafone Group PlcSimon Lewis, Group Corporate Affairs DirectorTel: +44 (0) 1635 673310 Investor RelationsCharles ButterworthDarren JonesSarah MoriartyTel: +44 (0) 1635 673310 Media RelationsBobby LeachBen PadovanTel: +44 (0) 1635 673310 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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