Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED) today announced the expiration and successful completion of the previously announced cash tender offer by its subsidiary Virgin Media Finance PLC (the “Company”) to purchase any and all of its 9.50% Senior Notes due 2016 and up to $250 million aggregate principal amount of its outstanding 8.375% and 8.875% Senior Notes due 2019 on the terms and subject to the conditions set forth in the offer to purchase dated October 10, 2012 and the related letter of transmittal. The tender offer expired at 11:59 p.m., New York City time, on November 7, 2012.
The table below sets forth the results of the tender offer for the 9.50% Senior Notes due 2016 and the 8.375% and 8.875% Senior Notes due 2019, according to information provided by Lucid Issuer Services Limited, the Information and Tender Agent, as of the expiration of the tender offer. As the aggregate principal amount of 8.375% and 8.875% Senior Notes due 2019 tendered exceeds the maximum tender amount, the amount of notes accepted for purchase will be prorated pursuant to the terms of the offer to purchase.
|Description of Notes||CUSIP/ISIN/COMMON CODE||OutstandingAggregatePrincipal Amount||Principal AmountTendered||Percentage ofOutstandingPrincipalAmountAccepted (3)|
|Dollar-denominated9.50% Senior Notesdue 2016(1)||92769V AA7/US92769V AA70||$850,000,000||$818,574,000||96.30%|
|Euro Denominated9.50% Senior Notesdue 2016(2)||XS0432072295 /043207229||€180,000,000||€161,005,000||90.88%|
|Dollar-denominated8.375% SeniorNotes due 2019||92769V AB5 /US92769VAB53||$600,000,000||$279,871,000||15.48%|
|Sterling-denominated8.875% SeniorNotes due 2019||XS0464803765/046480376||£350,000,000||£293,055,000||27.58%|
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