Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Virgin Media Inc. > News item |
Virgin Media Finance calls remaining $31.43 million 9½% notes in full
By Ashley Montgomery
Kansas City, Kan., Nov. 29 - Virgin Media Inc. subsidiary Virgin Media Finance plc has called all of its $31,428,000 of 9½% notes remaining following the company's tender offer.
The notes were to be redeemed Thursday at 110.9553 plus applicable premium.
As previously reported, the company offered to purchase all of its $850 million 9½% notes due Aug. 15, 2016 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 notes.
The Bank of New York Mellon is the trustee.
New York-based Virgin Media provides television, broadband, fixed-line telephone and mobile telephone services in the United Kingdom.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.