Unity Media calls four series of notes for redemption on March 2

By Angela McDaniels

Tacoma, Wash., Jan. 28 - Unity Media GmbH announced that four series of notes will be redeemed in full on March 2.

The company will redeem its $151 million of 10 3/8% senior notes due 2015 at 105.188, its €215 million of 8¾% senior notes due 2015 at 104.375 and its €235 million of 10 1/8% senior notes due 2015 at 105.063.

Unity Media Hessen GmbH & Co. KG and Unity Media NRW GmbH will redeem their €1,024,000,000 of floating-rate senior secured notes due 2013 at par.

Noteholders will also receive accrued interest to the redemption date.

Unity Media, a Cologne, Germany-based cable operator, was formed by the 2005 merger of Iesy Hessen GmbH & Co. KG and ISH NRW GmbH. It was recently acquired by Liberty Global, Inc.

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