Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 84

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 84
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 TransactionsIn February 2025, Telenet entered into a €500.0 million ($588.1 million) sustainability-linked term loan facility (Telenet Facility AU). Telenet Facility AU was issued at 99.75% of par, matures on March 31, 2033 and bears interest at a rate of EURIBOR + 3.0%, subject to a EURIBOR floor of 0.0%. The interest rate on Telenet Facility AU is subject to adjustment based on Telenet’s achievement or otherwise of certain Environmental, Social and Governance metrics. The net proceeds from Telenet Facility AU were used to refinance €500.0 million of the €890.0 million ($1,046.9 million) outstanding principal amount under Telenet Facility AT1. In connection with this transaction, Telenet recognized a loss on debt extinguishment of $8.0 million related to the write-off of unamortized deferred financing costs and discounts.Maturities of DebtMaturities of our debt as of June 30, 2025 are presented below for the named entity and its subsidiaries, unless otherwise noted, and represent U.S. dollar equivalents based on June 30, 2025 exchange rates.TelenetVM IrelandOther (a)Total in millionsYear ending December 31:2025 (remainder of year)$496.3 $— $1,380.5 $1,876.8 2026166.0 — — 166.0 202724.6 — — 24.6 20284,447.4 — — 4,447.4 20291,330.6 1,058.6 — 2,389.2 203025.8 — — 25.8 Thereafter886.9 — — 886.9 Total debt maturities (b)7,377.6 1,058.6 1,380.5 9,816.7 Deferred financing costs, discounts and premiums, net(16.8)(4.1)(35.2)(56.1)Total debt$7,360.8 $1,054.5 $1,345.3 $9,760.6 Current portion$637.9 $— $1,345.3 $1,983.2