UPC prices offers to exchange up to €200 million 7¾%, 8 5/8% notes for new notes due 2018

By Susanna Moon

Chicago, April 20 - Liberty Global, Inc. subsidiary UPC Holding BV said it priced the exchange offer for its €500 million 7¾% senior notes due 2014 and €300 million 8 5/8% senior notes due 2014.

For each €1,000 principal amount of 7¾% notes, holders will receive €1,000 principal amount of new notes due April 2018 and €40 in cash plus accrued interest.

For each €1,000 principal amount of 8 5/8% notes, holders will receive €1,000 principal amount of new notes due April 2018 and €60 in cash plus accrued interest.

UPC Holding said on April 16 it is offering the new notes only to non-U.S. persons outside the United States in accordance with Regulation S.

Lucid Issuer Services Ltd. (+ 44 20 7704 0880) is the exchange agent.

Liberty Global provides video, voice and broadband internet services primarily in Europe, Japan and Chile. The company is based in Englewood, Colo.

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