Liberty Global subsidiaries Sable International Finance and Coral-U.S. entered into a joinder agreement in respect of the credit agreement dated May 16, 2016 with the Bank of Nova Scotia, as administrative agent.

According to a related 8-K filing, certain lenders agreed to provide a $300 million term loan facility in accordance with the terms of the credit agreement. The loan under constitutes an increase to the existing term B-1 loan under (and as defined in) the credit agreement.

The final maturity date for the term B-1 loan facility is December 31, 2022. The facility bears interest at a rate of LIBOR+4.75% subject to a LIBOR floor of 0.75%. The net proceeds from the loan facility will be used to prepay indebtedness under the revolving credit facility under the credit agreement and for general corporate purposes.