First Pay: 2027-01-15; Redemption: 2029-07-31; Registration: 144A/Reg S; Comments: DBR 2.6% due August 15, 2033. CoC: 101%. Tax Call: Yes. MWC: B+50;
Guarantor(s)
Sunrise HoldCo V BV, Sunrise HoldCo III BV, Sunrise FinCo II BV, Sunrise Financing Partnership, Sunrise HoldCo II BV
Use of Proceeds
Redeem in full Sunrise HoldCo IV BV's EUR287.854m 3.875% Senior Notes due 15-Jun-29 (callable at 100). Remaining proceeds will be used to partially refinance EUR212.25m of UPCB Finance VII Ltd's existing EUR318.146m 3.625% Senior Secured Notes due 06/15/29 (callable at 100), the remaining EUR105.89m of the sr sec notes will be repaid in H2 2026 from operating cashflows