PPF SEEKS 2.3 BILLION-EURO LOAN FOR TELEFONICA CZECH PURCHASE

     (The following press release from SocGen was received by e-mail. The 
sender verified the statement.) 
PPF Group to acquire majority shareholding in Telefónica Czech Republic, a.s. 
On 5th November, 2013, PPF Group NV (“PPF”) entered into an agreement to 
acquire a 65.9% shareholding in Telefónica Czech Republic, a.s., including its 
100%-owned subsidiary Telefónica Slovakia, s.r.o., (“Telefonica CR/SK”, or the 
“Company”), from Telefónica, S.A (“Telefonica”). Subsequently, PPF will launch 
a Mandatory Tender Offer in order to bid for the remaining shares (the 
“Transaction”). Telefonica will retain a 4.9% stake in the Company post 
Transaction. 
PPF will finance the Transaction through an equity tranche of CZK 35.5 billion 
(EUR 1.4 billion) and a EUR 2,288 million syndicated loan. In this regard, PPF 
has mandated Societe Generale Corporate & Investment Banking  as Coordinating 
Mandated Lead Arranger.  Societe Generale Corporate & Investment Banking 
together with Citi, Credit Agricole CIB, Deutsche Bank AG, London Branch, ING 
Bank N.V., KBC Bank NV/Československá obchodní banka, a.s., The Royal Bank of 
Scotland plc and UniCredit Bank Austria AG have arranged and fully underwritten 
EUR 2,288 million of senior secured credit facilities in support of the 
Transaction. The Banks will act jointly as Underwriters, Mandated Lead 
Arrangers and Bookrunners.  
Headquartered in Prague, Telefonica CR/SK is the largest integrated 
telecommunications operator in the Czech Republic, offering a comprehensive 
range of both fixed and mobile voice, data and internet services. The Company 
has also been offering mobile services to customers in Slovakia since 2007. It 
operates more than seven million lines, both fixed and mobile, making it one of 
the leading providers of fully converged services in Europe. In 2012, the 
Company generated revenues and EBITDA of CZK 50,534 million and CZK 19,781 
million, respectively. 
PPF is a privately held international investment group and one of the largest 
investors in Central and Eastern Europe, with assets totalling EUR 22.113 
billion (as at 30 June 2013). 
Kind regards 
Ila 
Ila Kotecha
Media Relations Manager
Communications
SG House, 41 Tower Hill
London EC3N 4SG
Tel.: 44 (0) 20 7676 6804
Mob.: 44 (0) 7770 721 187
ila.kotecha@sgcib.com
www.sgcib.com
 
 
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