September 19, 2014 4:28 PM ET

Hotels, Restaurants and Leisure

Company Overview of Universal City Development Partners Ltd.

Company Overview

Universal City Development Partners, Ltd., together with its subsidiaries, engages in the ownership and operation of theme parks. The company’s theme parks include Universal Studios Florida and Universal’s Islands of Adventure. Its Universal Studios Florida theme park, a movie- and television-based theme park, allows guests to become part of their favorite movies and television shows; and Universal’s Islands of Adventure theme park provides guests with experiences drawn from the stories of comics, movies, myths, and books. The company also owns and operates CityWalk, a dining, retail, and entertainment complex at Universal Orlando Resort, a multi-day vacation destination; and movie and telev...

1000 Universal Studios Plaza

Orlando, FL 32819-7610

United States

16,000 Employees

Phone:

407-363-8000

Key Executives for Universal City Development Partners Ltd.

Chief Executive Officer
Age: 55
President and Chief Operating Officer
Age: 66
Chief Financial Officer
Age: 49
Member of Park Advisory Board
Age: 66
Chief Information Officer and Senior Vice President
Age: 55
Compensation as of Fiscal Year 2014.

Universal City Development Partners Ltd. Key Developments

Universal Orlando Plans to Build fifth Resort

Universal Orlando announced that a fifth mega-hotel is being built at Universal Orlando. The theme park resort announced the plans with Loews Hotels & Resorts, which will build and operate the 1,000-room, Caribbean-themed hotel. The Loews Sapphire Falls Resort will open in the summer of 2016. Once the new resort is constructed, Universal Orlando will have more than 5,200 hotel rooms at its Florida property.

Universal City Development Partners Ltd. and UCDP Finance, Inc. Announce Redemption of $406.25 Million Senior Notes and Senior Subordinated Notes

NBCUniversal Media, LLC announced that, its wholly owned subsidiaries, Universal City Development Partners Ltd. and UCDP Finance, Inc. will redeem all $260 million principal amount outstanding of its 8.875% Senior Notes due November 15, 2015 (CUSIP No. 913405AE6) and all $146.25 million principal amount outstanding of its 10.875% Senior Subordinated Notes due November 15, 2016 (CUSIP No. 913405AG1). The Senior Notes will be redeemed at a redemption price of 104.438% of the principal amount thereof, plus accrued and unpaid interest of $88.75 per Senior Note, to the Redemption Date. The Senior Subordinated Notes will be redeemed at a redemption price equal to 100% of the principal amount thereof, plus the applicable premium set forth in the indenture governing the Senior Subordinated Notes, plus accrued and unpaid interest of $108.75 per Senior Subordinated Note, to the Redemption Date. The redemption price for the Senior Subordinated Notes will be determined two days prior to the Redemption Date. The Bank of New York Mellon Trust Company, N.A. is the trustee for the Senior Notes and Senior Subordinated Notes.

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