Sunrise Communications International S.A. Issues CHF 896,000,000 (Equivalent) Notes Due 2017

On 19 July 2012, Sunrise Communications SA (Sunrise), a leading Swiss telecommunication operator, partially refinanced its debt by Sunrise Communications International S.A. (Sunrise International) successfully placing a CHF 896,000,000 (equivalent) aggregate principal amount of fixed rate and floating rate senior secured notes due 2017 in the market, and Sunrise itself raised a new CHF 250,000,000 revolving credit facility.

Both financings are guaranteed and secured by certain Sunrise group entities.

Reference: CapLaw-2012-43