Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 136

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9C
Chunk 136
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 Third-Party SPE, purchased certain receivables from Telenet, funded by the issuance of certain notes. These notes are collateralized by certain trade receivables of Telenet, creating a variable interest in which Telenet is the primary beneficiary and, accordingly, Telenet, and ultimately Liberty Global, are required to consolidate the assets and liabilities of Phoenix Receivables S.à r.l related to the securitization transaction. The offering of these notes resulted in net proceeds of €189.2 million ($195.8 million). 

II-93

LIBERTY GLOBAL LTD.Notes to Consolidated Financial Statements — (Continued)December 31, 2024, 2023 and 2022

Maturities of DebtMaturities of our debt as of December 31, 2024 are presented below for the named entity and its subsidiaries, unless otherwise noted, and represent U.S. dollar equivalents based on December 31, 2024 exchange rates. TelenetVMIrelandOther (a)Total in millionsYear ending December 31:2025 (b)$580.6 $— $308.4 $889.0 202622.1 — 994.6 1,016.7 202722.1 — — 22.1 20284,826.2 — — 4,826.2 20291,171.2 931.4 — 2,102.6 Thereafter288.4 — — 288.4 Total debt maturities6,910.6 931.4 1,303.0 9,145.0 Deferred financing costs, discounts and premiums, net(22.8)(4.1)(51.2)(78.1)Total debt$6,887.8 $927.3 $1,251.8 $9,066.9 Current portion$580.6 $— $308.4 $889.0 Long-term portion$6,307.2 $927.3 $943.4 $8,177.9 _______________(a)Includes $1,301.9 million related to the Vodafone Collar Loan, which has settlement dates in 2025 and 2026 consistent with the Vodafone Collar. We may elect to use cash or the collective value of the related shares and