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Virgin Media calls all outstanding 9½% senior notes following tender
By Ashley Montgomery
Kansas City, Kan., Oct. 31 - Virgin Media Inc. subsidiary Virgin Media Finance plc will redeem all of its remaining 9½% senior notes due 2016 on Nov. 29, according to a news release.
As previously reported, the company offered to purchase all of its 9½% senior notes in a tender offer ending Nov. 7.
As of Oct. 25, the company said investors had tendered $818,574,000, or 96.3%, of the 9½% notes.
The remaining notes will be redeemed at par plus accrued interest.
New York-based Virgin Media provides television, broadband, fixed-line telephone and mobile telephone services in the United Kingdom.
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