EFTA01382623.pdf

S- I/A Table of Contents USE OF PROCEEDS We estimate that we will receive net proceeds of approximately $2.9 billion from the sale of 160,000.000 shares of our Class A common stock in this offering, assuming an initial public offering price of $19.00 per share, the mid-point of the estimated price range set forth on the cover page of this prospectus, and after deducting the underwriting discounts and commissions. If the underwriters exercise in full their option to purchase additional shares. the net proceeds to us will be approximately $3.4 billion. We intend to use the net proceeds from this offering to redeem all $510 million aggregate principal amount of our 11.25% senior unsecured notes due 2021, approximately $2.0 billion aggregate principal amount of our 12.625% senior unsecured notes due 2021. and to pay applicable premiums and related fees and expenses. and for general corporate purposes. We have not yet determined whether we will repay such notes through tender offers, open market repurchases or nxtemption. A $1.00 increase (decrease) in the assumed initial public offering price of $19.00 per share, based on the mid-point of the estimated price range set forth on the cover page of this prospectus. would increase (decrease) the net proceeds to us from this offering by $154 million, assuming the number of shares offenxl by us, as sett forth on the cover page of this prospectus. remains the same and after deducting the underwriting discounts and commissions. An increase (decrease) of 1,000,000 shares from the expected number of shares to be sold by us in this offering. assuring no change in the assumed initial public offering price per share, the mid-point of the range on the cover of this prospectus, would increase (decrease) ow net proceeds from this offering by $18 million. Any increase (decrease) in net proceeds will result in an increase (decrease) to the amount redeemed of our 12.625% notes. 41 http://vanv.see.gov/Archi vecledgaddatat883980/000119312515334479/d31022dsla.htmill0/14/2015 9:06:38 AM) CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082057 CONFIDENTIAL SONY GM_00228241 EFTA01382623