Prior to publication, this document contained inside information under Regulation (EU) 596/2014 on market abuse.
Vue International withdraws its £833m equivalent proposed refinancing and acquisition financing
London, December 6, 2018 - Vue International (“Vue”) would like to inform all parties it has decided to withdraw its £833 MM equivalent refinancing and acquisition financing with immediate effect due to unattractive market conditions. The conditions within the redemption notice issued on the 21st November 2018 for the existing €360m EUR Senior Secured Floating Rate Notes due July 2020 and the £300m GBP Senior Secured Notes due July 2020 will consequently not be satisfied and the conditional redemption notice is therefore being revoked. The existing notes will remain outstanding. Vue’s existing €120m EUR Senior Secured Term Loan B due July 2023 and £60m equivalent Super Senior Revolving Credit Facility due August 2019 will also remain outstanding. Vue and its shareholders would like to thank all investors that participated in the financing process and who continue to show strong support for Vue.
Important Regulatory Notice
This press release is for informational purposes only and does not constitute a prospectus or an offer to sell or issue or the solicitation of an offer to buy or subscribe for any securities in the United States or any other jurisdiction.
This notice may include projections and other “forward-looking” statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of the company about further events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.
Brunswick Group LLP