Diversified Telecommunication Services
Company Overview of Sable International Finance Ltd.
Sable International Finance Ltd. operates as a telecommunications company. It provides mobile, broadband and fixed line services. The company was founded in 2008 and is based in George Town, Cayman Islands. Sable International Finance Ltd. operates as a subsidiary of Cable & Wireless Communications Plc.
P.O. Box 709
George Town, KY1-1107
Founded in 2008
Key Executives for Sable International Finance Ltd.
Chief Executive Officer of Cable & Wireless Communications
Compensation as of Fiscal Year 2014.
Sable International Finance Ltd. Key Developments
Sable International Finance Limited Launches Consent Solicitation in Respect of its USD 400 Million 8 ¾%, Senior Secured Notes Due 2020
Nov 6 14
In connection with the Acquisition, Cable & Wireless Communications Plc is launching a consent solicitation in respect of its USD 400 million 8 ¾%, Senior Secured Notes due 2020 (the SIFL Bonds), issued by its subsidiary Sable International Finance Limited (SIFL). The consent solicitation seeks approval of amendments to the indenture under which the SIFL Bonds were issued to enable CWC or a wholly-owned subsidiary of CWC to acquire Columbus directly without breaching the Indenture. The consent solicitation process is expected to take up to 10 business days. If the requisite consents to amend the Indenture are not obtained, the Acquisition will instead be effected by a newly incorporated company, Cable & Wireless Communications Newco Plc that will be put in place as the new holding company for the CWC Group prior to Completion of the Acquisition by means of a scheme of arrangement under sections 895 to 899 of the Companies Act 2006. Following the Scheme, New CWC would be able to acquire Columbus at Completion in a transaction that would not be subject to the restriction of the Indenture.
Sable International Finance Ltd. Announces Audited Earnings Results for the Year Ended March 31, 2014
Sep 4 14
Sable International Finance Ltd. announced audited earnings results for the year ended March 31, 2014. For the period, the company reported interest receivable from group company of $85,381,000 compared to $90,066,000 a year ago. Loss on ordinary activities before taxation was $23,492,000 compared to profit on ordinary activities before taxation of $491,000 a year ago. Loss for the period was $23,492,000 compared to profit for the period of $491,000 a year ago.
Sable International Finance Ltd. Announces the Redemption of 73/4% Senior Secured Notes Due 2017
Feb 28 14
Cable & Wireless Communications Plc announced that its wholly owned subsidiary, Sable International Finance Limited redeemed on 28 February 2014 all of the outstanding $500,000,000 aggregate principal amount of 73/4% Senior Secured Notes due 2017.
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