NBCUniversal Announces Redemption of $406.25 Million of Universal Orlando Senior Notes and Senior Subordinated Notes

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NBCUniversal Media, LLC announced today that on November 15, 2012 (the “Redemption Date”), its wholly owned subsidiaries, Universal City Development Partners, Ltd. and UCDP Finance, Inc. (together, “Universal Orlando”) will redeem all $260 million principal amount outstanding of its 8.875% Senior Notes due November 15, 2015 (CUSIP No. 913405AE6) (the “Senior Notes”) and all $146.25 million principal amount outstanding of its 10.875% Senior Subordinated Notes due November 15, 2016 (CUSIP No. 913405AG1) (the “Senior Subordinated Notes”). The Senior Notes will be redeemed at a redemption price of 104.438% of the principal amount thereof, plus accrued and unpaid interest of $88.75 per Senior Note, to the Redemption Date. The Senior Subordinated Notes will be redeemed at a redemption price equal to 100% of the principal amount thereof, plus the applicable premium set forth in the indenture governing the Senior Subordinated Notes, plus accrued and unpaid interest of $108.75 per Senior Subordinated Note, to the Redemption Date. The redemption price for the Senior Subordinated Notes will be determined two days prior to the Redemption Date. The Bank of New York Mellon Trust Company, N.A. is the trustee for the Senior Notes and Senior Subordinated Notes.
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