This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Virgin Media Announces Cash Tender Offer For Up To $1.6 Billion Senior Notes

(2) Total Consideration per $1,000, €1,000, £1,000 principal amount of notes, as applicable, will only be paid to Holders whose Notes are validly tendered at or prior to the Early Tender Deadline and accepted by the Company.

The dollar-denominated notes can only be tendered in the Offers in minimum principal amounts of $1,000 and integral multiples of $1,000 in excess thereof. After the Offers are completed, the tendering holder must continue to hold Notes in a minimum aggregate principal amount of $100,000.

The sterling-denominated notes can only be tendered in the Offers in minimum principal amounts of £50,000 and integral multiples of £1,000 in excess thereof. After the Offers are completed, the tendering holder must continue to hold Notes in a minimum aggregate principal amount of £50,000.

The euro-denominated notes can only be tendered in the Offers in minimum principal amounts of €50,000 and integral multiples of €1,000 in excess thereof. After the Offers are completed, the tendering holder must continue to hold Notes in a minimum aggregate principal amount of €50,000.

On the Early Settlement Date, the Issuer will pay the applicable Total Consideration plus accrued interest to holders of the 2016 Notes who validly tendered prior to the Early Tender Deadline. On the Settlement Date, the Issuer will pay holders of the 2016 Notes who tender after the Early Tender Deadline the applicable Tender Offer Consideration plus accrued interest to the date of repurchase and with respect to all validly tendered 2019 Notes accepted for payment, the applicable Total Consideration plus accrued interest to the date of repurchase for those tendered prior to the Early Tender Deadline or the applicable Tender Offer Consideration plus accrued interest to the date of repurchase for those tendered after the Early Tender Deadline.

The aggregate principal amount of the 2019 Notes to be purchased will be limited to $500 million. If the aggregate principal amount of 2019 Notes tendered exceeds the limit, then any 2019 Notes purchased will be prorated (with the sterling-denominated Notes being converted into dollars at the applicable exchange rate) pursuant to the terms of the Offer to Purchase. The Issuer may, at its sole discretion, increase, decrease or waive the Maximum Tender Amount, subject to applicable law and as provided in the Offer to Purchase. The Issuer may amend, extend or terminate either or both of the 2016 Notes offer or the 2019 Notes offer in its sole discretion.

3 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,915.07 -70.54 -0.42%
S&P 500 1,964.68 -8.15 -0.41%
NASDAQ 4,396.2040 -22.83 -0.52%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs