Reference is made to:
- the Notice of Conditional Full Redemption in relation to $425,000,000 5.500% Senior Secured Notes due 2026 (the “Dollar Notes”) issued by Summer (BC) BidCo B LLC (the “Dollar Notes Issuer”) (ISIN: USU86030AA87 (Regulation S) and US865632AA18 (Rule 144A) / CUSIP: U86030 AA8 (Regulation S) and 865632 AA1 (Rule 144A)), given by the Dollar Notes Issuer on February 4, 2025 (the “Notice of Redemption of the Dollar Notes”);
- the Notice of Conditional Full Redemption in relation to €1,000,000,000 5.750% Senior Secured Notes due 2026 (the “Euro Notes”) issued by Summer (BC) Holdco B S.à r.l. (the “Euro Notes Issuer”) (ISIN: XS2067263850 (Regulation S) and XS2067265129 (Rule 144A) / Common Code: 206726385 (Regulation S) and 206726512 (Rule 144A)), given by the Euro Notes Issuer on February 4, 2025 (the “Notice of Redemption of the Euro Notes”); and
- that certain Senior Secured Notes Indenture dated as of October 30, 2019, and as amended, supplemented waived or otherwise modified from time to time (including by the Fourth Supplemental Indenture dated as of July 1, 2021), among, inter alios, the Dollar Notes Issuer, the Euro Notes Issuer, the guarantors named therein, U.S. Bank Trustees Limited, as trustee (the “Trustee”), and Wilmington Trust (London) Limited, as security agent, with respect to the Dollar Notes and the Euro Notes.
The Dollar Notes Issuer and the Euro Notes Issuer hereby inform the Trustee and the holders of the Dollar Notes and the Euro Notes that the Financing Condition (as defined in the Notice of Redemption of the Dollar Notes and the Notice of Redemption of the Euro Notes, respectively) has been satisfied.
The Dollar Notes Issuer and the Euro Notes Issuer hereby confirm their intention to proceed with redeeming all outstanding Dollar Notes and Euro Notes, respectively, on February 14, 2025.
Cautionary Statement
This announcement may contain forward-looking statements that involve substantial risks and uncertainties. All statements other than statements of historical facts included in this release including, without limitation, statements regarding Kantar’s future financial position, risks and uncertainties related to its business, strategy, capital expenditures, projected costs and Kantar’s plans and objectives for future operations, may be deemed to be forward-looking statements. Words such as “believe,” “expect,” “anticipate,” “may,” “assume,” “plan,” “intend,” “will,” “should,” “estimate,” “risk,” and similar expressions or the negatives of these expressions are intended to identify forward-looking statements. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. You should not place undue reliance on these forward-looking statements. Kantar does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.