-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Tb3l4JwK0t38RAoj1B5D3YTrKFsQrhNsWgmVChSj147VraAwkBo16kIu1sLEhjfH gcrDbxYlrHtS/IdyueWMlw== 0001104659-09-062461.txt : 20091104 0001104659-09-062461.hdr.sgml : 20091104 20091104140403 ACCESSION NUMBER: 0001104659-09-062461 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20091104 DATE AS OF CHANGE: 20091104 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VIRGIN MEDIA COMMUNICATIONS LTD CENTRAL INDEX KEY: 0001322794 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-159493-04 FILM NUMBER: 091157317 BUSINESS ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA BUSINESS PHONE: 011 44 207 299 5000 MAIL ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA FORMER COMPANY: FORMER CONFORMED NAME: NTL COMMUNICATIONS LTD DATE OF NAME CHANGE: 20050405 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VIRGIN MEDIA COMMUNICATIONS LTD CENTRAL INDEX KEY: 0001322794 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA BUSINESS PHONE: 011 44 207 299 5000 MAIL ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA FORMER COMPANY: FORMER CONFORMED NAME: NTL COMMUNICATIONS LTD DATE OF NAME CHANGE: 20050405 FWP 1 a09-32553_9fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration Nos. 333-159493,

333-159493-01, 333-159493-02,

333-159493-03, 333-159493-04,

333-159493-05, 333-159493-06

 

FINAL PRICING TERM SHEET

 

VIRGIN MEDIA FINANCE PLC

U.S.$600,000,000 of 8.375% Senior Notes due 2019

£350,000,000 of 8.875% Senior Notes due 2019

 

Issuer:

Virgin Media Finance PLC

 

 

Guarantors:

Virgin Media Inc.
Virgin Media Group LLC
Virgin Media Holdings Inc.
Virgin Media (UK) Group, Inc.
Virgin Media Communications Limited
Virgin Media Investment Holdings Limited

 

 

Security description:

Senior Notes

 

 

Distribution:

SEC registered

 

 

Dollar Notes:

 

Aggregate principal amount:

$600,000,000

Gross proceeds:

$590,184,000

Net proceeds (before expenses):

$581,331,240

 

 

Maturity:

October 15, 2019

 

 

Coupon:

8.375%

Offering price:

98.364%

 

 

Yield to maturity:

8.625%

Spread to Benchmark Treasury:

+517 bps

Benchmark Treasury:

UST 3.625% due August 15, 2019

Interest Payment Dates:

April 15 and October 15, commencing April 15, 2010

 

 

Redemption Provisions:

 

First call date:

October 15, 2014

Make-whole call:

Before the first call date at a discount rate of Treasury plus 50 basis points

 

 

Redemption prices:

Commencing October 15, 2014: 104.188%
Commencing October 15, 2015: 102.792%
Commencing October 15, 2016: 101.396%
Commencing October 15, 2017 and thereafter: 100.000%

 

 

Redemption with proceeds of equity offering:

Prior to October 15, 2012, up to 40% may be redeemed at 108.375%

 

 

Dollar CUSIP:

92769VAB5

Dollar ISIN:

US92769VAB53

Dollar Denominations:

$US100,000 minimum; $1,000 increments

 


 

Sterling Notes:

 

Aggregate principal amount:

£350,000,000

Gross proceeds:

£344,403,500

Net proceeds (before expenses):

£339,237,448

 

 

Maturity:

October 15, 2019

 

 

Coupon:

8.875%

Offering price:

98.401%

 

 

Yield to maturity:

9.125%

Spread to Benchmark:

+535 bps

Benchmark:

Gilt 4.5% due March 7, 2019

Interest Payment Dates:

April 15 and October 15, commencing April 15, 2010

 

 

Redemption Provisions:

 

First call date:

October 15, 2014

 

 

Make-whole call:

Before the first call date at a discount rate of Gilt  plus 50 basis points

 

 

Redemption prices:

Commencing October 15, 2014: 104.438%
Commencing October 15, 2015: 102.958%
Commencing October 15, 2016: 101.479%
Commencing October 15, 2017 and thereafter: 100.000%

 

 

Redemption with proceeds of equity offering:

Prior to October 15, 2012, up to 40% may be redeemed at 108.875%

 

 

Sterling ISIN:

XS0464803765

Sterling Common Code:

046480376

Sterling Denominations:

£50,000 minimum; £1,000 increments

 

 

Trade date:

November 4, 2009

Settlement:

T+3; November 9, 2009

Ratings:

B2/B

Bookrunners:

Deutsche Bank
BNP Paribas
CALYON
Goldman, Sachs & Co.
HSBC
J.P. Morgan
RBS

 

 

Co-Manager:

UBS Investment Bank

 

 

Underwriting:

The underwriters are entitled to receive an additional fee in the aggregate of approximately £1.76 million, which is payable if and when such underwriters or their affiliates participate in a refinancing of our senior credit facility at specified levels of commitments.

 

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Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling collect (212) 250-7772.

 

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded.  Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

 

United Kingdom: Stabilisation/FSA.

 

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