• 03 Jul 25
 

Arqiva Broadcast Fin - Existing debt repayment, existing security release



RNS Number : 6790P
Arqiva Broadcast Finance PLC
03 July 2025
 

NOT FOR DISTRIBUTION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH DISTRIBUTION WOULD BE UNLAWFUL

 

ARQIVA BROADCAST FINANCE PLC (the "Issuer")

(Legal Entity Identifier: 5493007PMKIGKNYH2S25)

 

Repayment of existing debt and release of existing security

The proceeds of the £500,000,000 8.625% Senior Secured Notes due 2030 (ISIN: XS3108489645) (the "Notes") issued by the Issuer on 3 July 2025 have been used to repay in full the outstanding indebtedness of Arqiva Financing No 2 under a £520,000,000 facilities agreement originally dated 19 August 2022 and as amended and restated on 15 December 2022, and related interest rate hedging (the "Existing Junior Debt").

As a result of this repayment, the existing security package provided to the creditors of the Existing Junior Debt has been released, and the security granted in favour of the holders of the Notes pursuant to a security agreement dated 3 July 2025, now ranks as first-ranking security, in accordance with its terms.

For further information, please contact Alan Clarkson (Treasurer) at:

Address:

Crawley Court, Winchester, Hampshire SO21 2QA

Tel:

+44 (0) 333 0328000

Email:

alan.clarkson@arqiva.com

Dated:

3 July 2025

 

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