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Prospect News home > News index > List of issuers V > Headlines for Virgin Media Secured Finance plc > News item
Published on 10/27/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Virgin Media to redeem £521.28 million 6% secured notes due 2025

By Cady Vishniac

Detroit, Oct. 27 – Virgin Media Secured Finance plc will redeem its £521,278,000 of 6% senior secured notes due 2025 on Nov. 12 (ISINs: XS1573181366, XS1573190607), according to a notice.

The redemption price will be par plus the applicable premium, any additional amount and accrued interest to the redemption date.

The record date will be Nov. 11.

The redemption is conditioned upon the issuer obtaining new financing.

Bank of New York Mellon, London Branch is the paying agent.

The cable TV and internet service provider is based in Hook, England.


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