DGAP-News: Tele Columbus AG / Key word(s): Financing Tele Columbus AG announces the launch of an Amendment of its Senior Credit Facilities 04.10.2016 / 12:13 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- PRESS RELEASE Tele Columbus AG announces the launch of an Amendment of its Senior Credit Facilities Berlin, 4 October 2016. Tele Columbus AG, the third largest German cable operator, has announced the amendment of its EUR1.38 billion Senior Credit Facilities. The Company expects the transaction to be closed by the end of October 2016. Tele Columbus AG plans to refinance, consolidate and extend the maturity (to 2 January 2023) of its EUR1.255 billion existing term loans and amend certain provisions of the facilities agreement. Notwithstanding the amendments to certain provisions of the facilities agreement, the maturity of the existing Capex and Revolving Credit facilities of a total EUR125 million will not be affected. Tele Columbus's current S&P and Moody's ratings are B2 (stable) and B (stable) respectively, and Tele Columbus will be working with both rating agencies to confirm existing ratings in the near term. J.P. Morgan is acting as sole Arranger in relation to the amendment. About Tele Columbus The SDAX listed Tele Columbus Group is one of Germany's largest cable network operators. Via its origins - individual regional cable network operators that were merged into Tele Columbus - the company dates back to 1972. Today, about 3.6 million connected households in Germany are served by Tele Columbus, primacom, pepcom, Deutsche Telekabel, Martens und KMS with TV signals and, increasingly, digital broadcast packages, Internet and voice connections provided via high-performance broadband cable. As a national provider with a regional focus and a partner of the housing industry, the Group is present throughout its core markets Berlin, Brandenburg, Saxony, Saxony-Anhalt and Thuringia as well as in numerous key regions in western Germany. In tune with current demand trends, the company is upgrading its networks in a hybrid fibre-optic infrastructure for superfast Internet connections of up to several hundred megabits per second with the state-of-the-art Internet transmission standard DOCSIS 3.0. The broadband cable caters to the entire range of innovative media applications from analogous, digital and high-definition TV to high-speed Internet and voice connections to telemetry services, tenant portals and interactive services. Beyond merely transmitting signals, Tele Columbus uses its own product platform in order to actively increase the programme offering and to develop additional services. Via its company HL komm, Tele Columbus also delivers powerful connections and network services to business customers. Disclaimer This release contains forward-looking statements. These statements reflect the Company's current knowledge and expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Such risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. The Company does not undertake any obligation to update or revise any information contained in this release including forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. All information contained in this release has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this release or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this release and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. Contact: Hannes Lindhuber Phone +49 (30) 3388 4170 Fax +49 (30) 3388 9 1999 [email protected] www.telecolumbus.com --------------------------------------------------------------------------- 04.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Tele Columbus AG Goslarer Ufer 39 10589 Berlin Germany Phone: +49 (0)30 3388 4177 Fax: +49 (0)30 3388 9 1999 E-mail: [email protected] Internet: www.telecolumbus.de ISIN: DE000TCAG172 WKN: TCAG17 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 508535 04.10.2016