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Virgin Media unit enters 2 additional term loan facility accession agreements

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Virgin Media unit enters 2 additional term loan facility accession agreements

Virgin MediaInc. unit Virgin Media Investment Holdings Ltd. on March 31 enteredinto two additional term loan facility accession agreements, the additionalfacility G accession agreement and the additional facility H accessionagreement, under the VM credit facility.

Pursuant to the additional facility G accession agreement, alender agreed to provide a new term loan facility of €75 million. The finalmaturity date for facility G is Jan. 15, 2022. Facility G bears interest at arate of EURIBOR plus 3.00% subject to a EURIBOR floor of 0.75%, according to aForm 8-K filed April 6.

Pursuant to the additional facility H accession agreement, alender agreed to provide a new term loan facility of €25 million. The finalmaturity date for facility H is March 31, 2021. Facility H bears interest at arate of EURIBOR plus 3.75%, subject to a EURIBOR floor of zero percent.

Virgin Media is a unit of Liberty Global plc.