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Virgin Media calls £1.1 billion 6% senior secured notes due 2021
New York, Jan. 19 – Virgin Media Secured Finance plc will redeem its £1.1 billion of 6% senior secured notes due 2021 on Feb. 2, according to a notice from the issuer.
Holders will receive a price calculated according to the notes’ make-whole provision plus accrued interest up to the redemption date.
The call is subject to a financing condition.
Virgin Media Secured Finance priced £675 million of 5% senior secured notes due 2027 at par on Wednesday.
The issuer is a subsidiary of Virgin Media, a Hook, England-based provider of video, broadband internet, fixed-line telephone and mobile services in the United Kingdom and Ireland.
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