Company: LBTYK
Filing Date: 2025-03-25
Form Type: 10-K/A
Source: 0001570585-25-000097
Chunk: 46

Company: Liberty Global Ltd.
Filing Date: 2025-03-25
Form: 10-K/A
Chunk 46
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 principal amount of Term Loan X1 is £750.0 million (which includes additional borrowings of £33.7 million). The additional proceeds, £33.7 million, were used for refinancing.

In April 2024, we issued €600.0 million principal amount of euro-denominated senior secured notes and $750.0 million principal amount of U.S. dollar-denominated senior secured notes. These notes were issued at par, mature on 15 April 2032 and bear interest at a rate of 5.625% and 7.75%, respectively. The proceeds from these 2032 Senior Secured Notes were used to (i) purchase and cancel £335.7 million outstanding principal of our existing 2027 Sterling Senior Secured Notes and (ii) repay £296.1 million, £258.7 million and £236.9 million of Facility L, M and X, respectively, under the VMED O2 Credit Facilities. As per our policy, the interest and foreign currency risk of such refinancing activity is mitigated through our derivative portfolio.

In December 2024, Virgin Media O2 Vendor Financing Notes V Designated Activity Company ( Virgin Media O2 Financing V Company ) a third-party SPE that is outside of the Group issued £400.0 million principal amount of 7.875% vendor financing notes at par due 15 March 2032 ( 2032 Vendor Financing Notes ). The net proceeds from these notes are to be used by the Virgin Media O2 Financing V Company to purchase certain vendor-financed receivables owed by our company to various other third parties. To the extent that the proceeds from the 2032 Vendor Financing Notes exceed the amount of vendor-financed receivables purchased, the excess proceeds are used to fund excess cash facilities junior to our senior secured credit facilities.

<div align='center'>IV-40</div>

#### VMED O2 UK LIMITED

### Notes to Consolidated Financial Statements — (Continued)

#### 31 December 2024, 2023 and 2022

#### Maturities of Debt
The pound sterling equivalents of the maturities of our debt as of 31 December 2024 are presented below (in millions):

| Year ending 31 December:                              
 2025                                                  |     | £ |  3,746.4 |
|:------------------------------------------------------|:----|:--|---------:|
| 2026                                                  |     |   |    341.7 |
|