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Published on 10/13/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Com Hem’s NorCell subsidiary calls 9¼% senior secured notes due 2018

New York, Oct. 13 – Com Hem Holding AB said its NorCell Sweden Holding 3 AB subsidiary has called for redemption its SEK 3,492,306,000 of 9¼% senior secured notes due 2018.

The redemption is conditional on the completion of financing transactions sufficient to fund the repayment of the debt.

Possible new financings include new notes, new credit facilities or borrowings under the company’s existing bank facilities. Danske Bank A/S and Nordea Bank AB have been named bookrunners for the financing.

The redemption is scheduled for Nov. 12.

Com Hem is a Stockholm-based supplier of television, high-speed broadband and fixed telephony.


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