Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 17-09-2014 | Practice Area: | Debt Capital Markets |
| Deal Title: | BSkyB Issuance of EUR and USD Bond Tranches | Industry: | Media |
| Description: |
Linklaters advised the managers on four tranches of bonds issued by BSkyB. Proceeds from the bonds will help finance its acquisition of Sky Italia and a majority stake in Sky Deutschland from 21st Century Fox.
The EUR1.5 billion bond with a 1.5% coupon due 2021 and the EUR1 billion bond with a coupon of 2.5% due 2026 were issued pursuant to the GBP10,000,000,000 Euro Medium Term Note Programme of British Sky Broadcasting Group plc and BSkyB Finance UK plc, unconditionally and irrevocably guaranteed by British Sky Broadcasting Group plc, BSkyB Finance UK plc, British Sky Broadcasting Limited, Sky Subscribers Services Limited and Sky In-Home Service Limited. In addition Linklaters advised the managers on a USD750 million bond with a coupon of 2.625% due 2019 and a USD1.25 billion bond with a coupon of 3.75% due 2024 sold into the United States.
The Linklaters team was led by UK Capital Markets partner Elaine Keats and US Capital Markets partner Cecil Quillen.
|
||
| Financial Center: | London | Value: | 1000.01-5000.00 |
| Advised Party: | Lead Manager | Law Firm | Linklaters |
| Issuer Jurisdiction | United Kingdom | Listing Jurisdiction | United Kingdom |
| Classification: |
Corporate Bonds Senior Debt |
Lawyer | Elaine Keats |
