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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