NTL Cable calls all $100 million floaters at 103

By Jennifer Chiou

New York, June 17 -NTL Cable PLC announced the July 15 redemption of all its outstanding $100 million floating-rate senior notes due 2012 at a price of 103% of the principal amount, according to an 8-K filing with the Securities and Exchange Commission.

The company, a wholly owned subsidiary of NTL Inc., will also pay accrued interest up to, but not including, the redemption date.

Notes must be surrendered at The Bank of New York, the paying agent.

New York-based NTL provides broadband and communications services in the United Kingdom and Ireland.

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