Summer (BC) Holdco B S.à r.l.
€1,000.0 million 5.750% Senior Secured Notes due 2026 (the “Senior Secured Notes”)
(144A Note: ISIN: XS2067265129, Common Code: 206726512
Regulation S Note: ISIN: XS2067263850, Common Code: 206726385)
Summer (BC) Holdco A S.à r.l.
€428.0 million 9.250% Senior Notes due 2027 (the “Senior Notes”)
(144A Note: ISIN: XS2067265475, Common Code: 206726547
Regulation S Note: ISIN: XS2067265392, Common Code: 206726539)
Announcement regarding completion of the third acquisition of the Kantar Business
Summer (BC) Holdco B S.à r.l. (“Holdco B”), as issuer of its Senior Secured Notes, and Summer (BC) Holdco A S.à r.l. (“Holdco A”), as issuer of its Senior Notes, are pleased to announce the completion today of the third acquisition by their affiliates from WPP plc of certain of the entities comprising the Kantar business (the “Kantar Group”), representing in aggregate approximately 1.4% of the 2018 EBITDA of the Kantar Group. Following this third acquisition, entities representing approximately 98.4% of the 2018 EBITDA of the Kantar Group have been acquired by affiliates of Holdco B and Holdco A. It is intended that the remaining portion of the Kantar Group will be acquired by the end of the second quarter of 2020.
Announcement regarding upcoming reporting dates
Holdco A and Holdco B hereby announce that: (a) the annual accounts relating to the group for the financial year ending December 31, 2019 are expected to be published on Friday May 29, 2020; (b) the quarterly accounts relating to the group for the financial quarter ending March 31, 2020 are expected to be published on Friday June 12, 2020; and (c) an investor presentation in respect of such annual and quarterly results is expected to be held on the week commencing Monday June 15, 2020 (dial-in details will be circulated in due course).
This announcement contains certain forward-looking statements with respect to certain of our current expectations and projections about future events. These statements reflect management's beliefs and expectations and involve a number of risks, uncertainties and assumptions that could cause actual outcomes to differ materially from any expected future outcomes expressed or implied by the forward-looking statement. The information contained in this announcement is subject to change without notice and, except as required by applicable law, we do not assume any responsibility or obligation to update publicly or review any of the forward-looking statements contained in it. Readers should not place undue reliance on forward-looking statements, which speak only as at the date of this announcement.