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SEC Filings

424B3
RENAISSANCE MEDIA GROUP LLC filed this Form 424B3 on 11/13/1998
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                          RENAISSANCE MEDIA GROUP LLC
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                               SEPTEMBER 30, 1998
              (ALL DOLLAR AMOUNTS IN 000'S EXCEPT WHERE INDICATED)
                                  (Unaudited)


     Unaudited Pro Forma summarized results of operations for the Company for
the nine months ended September 30, 1998 and 1997, assuming the Acquisition,
Notes (as hereinafter defined) offering and Credit Agreement (as hereinafter
defined) had been consummated on January 1, 1998 and 1997, are as follows:

                                                 NINE MONTHS ENDED SEPTEMBER 30
                                                 ------------------------------
                                                      1998           1997      
                                                  ------------   ------------  
   Revenues..................................       $ 42,388       $ 37,961    
   Expenses..................................         42,006         40,328    
                                                    ---------      ---------   
   Operating (loss) income...................            382         (2,367)   
   Interest expense and other expenses.......         14,299         14,299    
                                                    ---------      ---------   
   Net (Loss)                                       $(13,917)      $(16,666)   
                                                    =========      =========    
4. DEBT
 
   As of September 30, 1998, debt consisted of:

   10.00% Senior Discount Notes at 
    Accreted Value (a) ......................                $104,807
   Credit Agreement (b)......................                $102,500
                                                             --------
                                                             $207,307 
                                                             ========


   (a)  On April 9, 1998, in connection with the Acquisition described in Note
4, Louisiana, Tennessee and Capital issued $163,175 principal amount at
maturity, $100,012 initial accreted value, of 10.00% senior discount notes due
2008 ("Notes"). The Notes pay no interest until April 15, 2003. From and after
April 15, 2003 the Notes will bear interest, payable semi-annually in cash, at a
rate of 10% per annum on April 15 and October 15 of each year, commencing
October 15, 2003. The Notes are due on April 15, 2008.

   (b)  On April 9, 1998, Renaissance Media entered into a credit agreement (the
"Credit Agreement"). The aggregate commitments under the Credit Agreement total
$150,000, consisting of a $40,000 revolver, $60,000 Tranche A Term Loans and
$50,000 Tranche B Term Loans (collectively the "Term Loans"). The revolving
credit and term loans are collateralized by a first lien position on all present
and future assets and members' interest of Media, Louisiana and Tennessee. The
Credit Agreement provides for interest at varying rates based upon various
borrowing options and the attainment of certain financial ratios and for
commitment fees of 1/2 % on the unused portion of the revolver. The effective
interest rate for the period from inception through the period ended September
30, 1998 was 8.38%.

   On April 9, 1998, $110,000 was borrowed under the Credit Agreement's
Tranche A and B Term Loans.  On June 23, 1998, $7,500 was repaid resulting in
$102,500 of outstanding Tranche A and B Term Loans as of September 30, 1998.

   On September 30, 1998, the Company had unrestricted use of the $40,000
revolver.  No borrowings had been made by the Company through that date.


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