Brief: Sunrise Communications Prices New EUR 550 Million Senior Secured Notes Due 2032 To Refinance Existing Term Loans
23/05/2025 06:05
May 23 (Reuters) - SUNRISE COMMUNICATIONS AG SUNN.S: PRICES NEW EUR 550 MILLION SENIOR SECURED NOTES DUE 2032 TO REFINANCE EXISTING TERM LOANS PROCEEDS FROM NEW BOND WILL BE USED TO FULLY REFINANCE EXISTING EUR TERM LOANS B MATURING IN 2029 INCLUDING ASSOCIATED DERIVATIVES, FEES AND EXPENSES TRANSACTION EXTENDS SUNRISE'S DEBT MATURITY PROFILE AND FURTHER OPTIMISES WEIGHTED AVERAGE COST OF DEBT AT C. 2.7% CLOSING OF SALE OF NOTES IS EXPECTED TO OCCUR ON OR ABOUT 28 MAY 2025 Further company coverage: SUNN.S (Gdansk Newsroom) ((((gdansk.newsroom@thomsonreuters.com ; +48 587785269; ));))