Kabel Deutschland issues tender offer to bond holders
24.09.2004, 15:21
UNTERFOEHRING, Germany 24. 09. 2004 (PROTEXT/ots) - Inaccordance with the terms of its EUR250 million 10.75% SeniorNotes due 2014 and its $610 million 10.625% Senior Notes due2014, KDG today commenced an offer to repurchase such notes at aprice of 100% of the principal amount thereof plus accrued andunpaid interest to the date of repurchase.
The offer to purchase will expire on October 22, 2004. Atender offer statement with detailed information about KDG'soffer to purchase notes is being sent to note holders. Forinformation purposes only, the offer statement will also be madeavailable on KDG's web site http://www.kabeldeutschland.de.
About Kabel Deutschland Kabel Deutschland is the largestcable network operator in Europe, connecting almost 10 millionhouseholds in thirteen German states. KDG owns and operates thenetwork infrastructure, is responsible for the marketing of cableaccess, as well as other related services, and develops newdigital TV and highspeed internet services. The company's digitalTV service provides a platform that is open to all contentproviders. In 2003, KDG was acquired from Deutsche Telekom by aconsortium of financial investors comprised of Apax Partners,Providence Equity Partners and Goldman Sachs Capital Partners.
Contact: Kabel Deutschland GmbH Corporate CommunicationsBetastr. 6-8 85774 Unterfoehring Germany
Roland Klein: +49 89 / 960 10 - 151 Stefan Schott: +49 89 /960 10 - 153 e-Mail: kerstin.reichersporner@kabeldeutschland.de
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