Virgin Media astonishes as HY buyers supply £2.3bn in two days
Liberty Global has pulled it off. By Thursday evening, the US cable investment group had raised £2.3bn-equivalent of high yield bonds off the balance sheet of Virgin Media, the UK cable TV, phone and internet group it hopes to take over. Deal talks had only been revealed on Tuesday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts