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Virgin Media 2021 Noteholders Deny Consent for Changes to Terms
By John Glover -
2013-02-15T16:09:37Z
Company received consents from “at least a majority” of holders of 2018 and 2019 bonds to amend/waive provisions of indentures: Businesswire statement *Amendments will be operative only on successful conclusion of planned merger with Liberty Global: statement *Virgin to pay $5.00 cash per $1,000 notes held in two tranches. First; 25% payment for waivers, then 75% for consent to amendments: statement *Consent period expired 5 p.m. in New York on Feb. 14; won’t be extended: statement Link to statement: NSN MI9NW26K511R<GO>
To contact the reporter on this story: John Glover in London at johnglover@bloomberg.net
To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net
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