Vodafone Group Plc
08 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 by
Oskar Mobil a.s ('Oskar') and the expiry of the bond tender and consent
solicitation 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 will
remain outstanding.
On 30 June 2005, Oskar also repaid the entire principal amount outstanding on
the CSK 6,606,000,000 and €40,000,000 Credit Facility dated 6 October 2004
between Oskar, J.P. Morgan Limited and other financing banks, Oskar Holdings
N.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 Plc
Simon Lewis, Group Corporate Affairs Director
Tel: +44 (0) 1635 673310
Investor Relations
Charles Butterworth
Darren Jones
Sarah Moriarty
Tel: +44 (0) 1635 673310
Media Relations
Bobby Leach
Ben Padovan
Tel: +44 (0) 1635 673310
This information is provided by RNS
The company news service from the London Stock Exchange
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