Virgin Media clears ground for JV with quickfire deal flurry

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Virgin Media clears ground for JV with quickfire deal flurry

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Ryazan, Russia - June 05, 2018: Homepage of VirginMedia website on the display of PC, url - VirginMedia.com | Sharaf Maksumov/sharafmaksumov - stock.adobe.com

Virgin Media has been furiously active in high yield markets this month, clearing the way for its merger with O2 by redeeming existing bonds with obstructive covenants, and pushing out maturities ahead of the £6bn in new debt it will need to raise.

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