London, 14 January 2015 -- Moody's today assigned a Ba3 Corporate Family Rating (CFR) and a Ba3-PD Probability of Default rating to Ziggo Group Holding B.V. and withdraws all ratings of Ziggo Holding B.V. (formerly Ziggo N.V.). Ziggo Group Holding B.V. ("Ziggo Group Holding" or "the company") will be the reporting entity for future consolidated financial reports for the Ziggo group of companies. Moody's also downgraded the rating of the senior secured notes due 2020 at Ziggo B.V. ('Ziggo BV') to Ba3 (from Ba2), assigned a definitive Ba3 rating to Ziggo BV's existing bank facilities and assigned a Ba3 rating to Ziggo Secured Finance B.V.'s proposed new EUR 1.5 billion senior secured facilities. Finally, the agency upgraded the rating of the senior notes due 2024 ("the 2024 notes") assumed by Ziggo Bond Company B.V. ("Ziggo Bond Company" previously assigned to LGE HoldCo VI B.V.) to B2 (from (P)B3) and assigned a B2 rating to the proposed issuance of EUR 730 million in senior unsecured notes due 2025 at Ziggo Bond Finance B.V. ("Ziggo Bond Finance").

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