Virgin Media buys back all of its 5½% notes due 2025, 6 3/8% notes due 2024

By Rebecca Melvin

New York, May 20 – Virgin Media Secured Finance plc announced that it has redeemed all of its euro- and dollar-denominated 5½% notes due 2025 as expected, according to a company notice.

Specifically, the issuer repurchased $425 million 5½% senior secured notes due 2025 and £430 million 5½% senior secured notes due 2025, both at a redemption price of 102.75 plus accrued and unpaid interest.

Also, Virgin Media Finance plc redeemed all of its £300 million 6 3/8% senior notes due 2024 at a redemption price of 100 plus accrued and unpaid interest.

The Bank of New York Mellon, London Branch is the trustee and principal paying agent.

Virgin Media, a subsidiary of Liberty Global plc, is a Hook, England-based provider of broadband, TV, mobile phone and home phone services.

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