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Published on 1/11/2010 in the Prospect News Bank Loan Daily.

Virgin Media to repay some bank borrowings with notes proceeds

By Sara Rosenberg

New York, Jan. 11 - Virgin Media Inc. plans to prepay a portion of its outstanding A-A3 and B1-B6 tranches under its senior credit facility using proceeds from a £500 million senior secured notes offering, according to a news release.

Virgin Media is a U.K. entertainment and communications business.


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