senior notes
On March 10, 2010 TVN Finance Corporation II AB issued High Yield Notes with a total nominal value of EUR 148,000,000 and TVN corporate promissory notes in the aggregate principal amount of EUR 40,000,000. Issued notes are similar to the notes issued on November 19, 2009. On April 30, 2010 TVN Finance Corporation II AB issued 10.75% Senior Notes due in 2017 with a total nominal value of EUR 40,000,000. The Company on April 30, 2010 executed a replacement of the TVN corporate promissory notes instruments of the aggregate principal amount of EUR 40,000,000 by the High Yield Notes, on the basis of an entitlement included in the Promissory Notes. As a result of a mentioned replacement the Promissory Notes were cancelled. The High Yield Notes are similar to the notes issued on November 19, 2009 and to the notes issued on March 10, 2010. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
