This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Virgin Media Announces Pricing of £715 Million Equivalent of Senior Notes Due 2019 2009-11-04 11:05 ET - News Release  Company Website:
http://investors.virginmedia.com/phoenix.zhtml?c=135485&p=irol-irhome LONDON -- (Business Wire)
Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED), a leading UK entertainment
and communications business, today announced the pricing of the offering
of approximately £715 million equivalent aggregate principal amount of
senior notes due 2019, split into a $600 million U.S. dollar denominated
tranche and a £350 million sterling denominated tranche, of its
wholly-owned subsidiary Virgin Media Finance PLC.
The notes will be guaranteed on a senior basis by Virgin Media Inc. and
the intermediate holding companies of Virgin Media Finance PLC and on a
senior subordinated basis by Virgin Media Investment Holdings Limited,
the main borrower under Virgin Media’s senior credit facilities. The
notes will rank pari passu with Virgin Media Finance’s
outstanding senior notes due in 2014 and 2016. The sale of the notes is
expected to close on November 9, 2009, subject to satisfaction of
customary closing conditions.
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